ISLAMABAD, February 11: Pervaiz Abbas, Secretary of Economic Affairs Division (EAD), Marc Barety, Ambassador of France, and Mr. Philippe Steinmetz, Country Director of the French Agency for Development (AFD), signed the Grant Financing Agreement worth Euros 0.5 million to finance technical assistance for capacity building
of the Private Power and Infrastructure Board (PPIB) project – Ministry of Energy. This technical assistance will support PPIB in its mandate of hydroelectricity sector development in Pakistan while enhancing competitiveness of renewable power generation. Such benefits will contribute to improving affordability and scaling up supply of energy while mitigating the impacts of power generation on climate and environment, in line with the policies of the Government of Pakistan. – DNA