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8th
ITIF Asia commenced at Karachi Expo Centre, showcasing
potential of Power and Alternative Energy, Auto & Transport,
Engineering and Oil & Gas
Sindh
Minister for Environment & Alternative Energy inaugurated
the Event.
Participants from more than 13 countries are attending
Karachi, Monday, March 28, 2011:
8th ITIF Asia commenced at Karachi Expo
Centre, showcasing potential of Power and Alternative
Energy, Auto & Transport, Engineering and Oil & Gas.
Sindh Minister for Environment & Alternative Energy,
Sheikh Muhammad Afzal inaugurated the Event along with
CEO AEDB, Arif Allauddin and President Ecommerce
Gateway, Dr. Khursheed Nizam.
The Event
further incorporates 5th Power & Alternative
Energy Asia, 7th Auto & Transport Asia, 8th
Engineering Asia and 7th Oil & Gas Asia.
There are
more than 210 stalls in the Exhibition where 86
international & domestic exhibitors are showcasing their
products and services. Over 51 foreign delegates are also
gracing the event from 13 countries including Australia,
Turkey, Canada, Germany, India, UAE, etc. The Event will be
open only for Trade Corporate Visitors from 10 AM to 7 PM
daily till 30th March 2011.
While
visiting the Exhibition, Minister extended warm welcome to
all the participants. Speaking to the media at the occasion
Sheikh Muhammad Afzal said “I firmly believe that the event
would serve as an effective platform for entrepreneurs and
investors from international and local business community to
identify new investment opportunities not only in power &
alternative energy sectors but the allied sectors being
promoted under ITIF Asia”.
Minister
opined that “It is pertinent to mention that Pakistan has a
significant potential of wind energy in the coastal belt and
in the desert areas, which has been lacking exploration. The
Government is taking concerted efforts to promote
alternative and renewable energy resources to enhance their
share in energy mix and sustainability.”
“I believe
that this gathering will provide an opportunity to utilize
this renewable energy source significantly and to the best
of capabilities.” Sheikh Muhammad Afzal added.
The Event
is being organized by Ecommerce Gateway Pakistan (Pvt.) Ltd.
with the support of Alternative Energy Development Board;
Ministries of Water & Power; Petroleum & Natural Resources;
Ministry of Environment & Alternative Energy, Government of
Sindh and Engineering Development Board.
5th
Int’l Conference on Alternative Energy & Power- ICAEP
is also being held today in conjunction with the Exhibition,
focusing on the “INITIATIVE, INNOVATION & INVESTMENT –
A Roadmap to Smart Future”.
Prominent
participants of the Exhibition are Wellbeinggreen; AGECO,
CERES Gulf; Orient Energy Systems; KK Power International;
ELTEK Valiere; Karakoram Motors; Stahlco Motors; Sazgar;
Agility, etc.
It is
expected that more than 35,000 trade / corporate visitors
will attend the Event in three days.
PRESS RELEASES ITIF ASIA
2010
3-day Power &
Alternative Energy Asia Int’l Exhibition & Conference
concludes Amid Hope & Commitment to Relieve the Nation from
Energy Shortages through Renewables
Karachi March 29, 2010: 3-Day
Power & Alternative Energy (ITIF Asia 2010) exhibition ended
here today at Karachi Expo Centre with the commitment
by all stakeholders to promote Alternative/ Renewable Energy
technologies in Pakistan on a fast track basis to get the
country rid of the acute energy shortages. The Exhibition
was inaugurated by the Provincial Minister for Environment &
Alternative Energy, Shaikh Muhammad Afzal,
The one-day Conference was inaugurated
by the Provincial Minister for IT, Mohammad Raza Haroon.
The Event, like previous years, attracted large
participation from across the world; this year more than 17
countries including China, India, Iran, Iraq, Malaysia,
Russia, South Korea, UAE, USA, etc participated in the
Event; whereas, approx 125 high level trade delegations
including 35 businessmen/ entrepreneurs from Iraq are also
participating in the Event with the objective of
procurement, joint ventures and prospective collaborations.
The visitors were apprised of the enormous potential that
Pakistan possessed in the field of alternative/ renewable
energy. The foreign delegates and the Chief Guests and the
Guests of Honor visited the stalls, met the domestic &
foreign exhibitors and appreciated the enthusiasm displayed
by the participants at the exhibition. They also stressed
upon the point that Pakistan has enormous unexploited
renewable energy resources – waiting to be harvested and
thereby Ecommerce Gateway Pakistan is doing a great job by
building up a platform and paving way for prospective
Local-International, Public-Private collaborations. The
officials also assured fullest support from the Government
side.
The Event was organized by Ecommerce Gateway Pakistan with
the support of Alternative Energy Development Board;
Ministries of Water & Power; Petroleum & Natural Resources;
Provincial Ministry of Environment & Alternative Energy;
Engineering Development Board and Government of Sindh.
Products related to Engineering; Oil & Gas and Auto &
Transport were also displayed in the 4th Power & Alternative
Energy Asia.
There were 100 stalls where 50 exhibitors showcased their
products and services and 25,162 Trade Corporate Visitors
attended the Exhibition in the three days.
The dignitaries visited the Exhibition in 3 days include
Governor NWFP Owais Ahmed Ghani and Advisor to Chief
Minister Sindh, Mr. Waqas Malik
The Event was also visited by diplomats including Robert
Gibson, British Deputy High Commissioner; Ishak Latuconsina,
Ambassador of Indonesia; Trigustono Supriyanto, Consul
General of Indonesia; Mohammad Khalid Abdul Razzak, Consul
General of Malaysia; Andrey V. Demidov, Consul General of
Russian Federation; Adil Abdul Rehman Muhamed Taqi, Consul
General of Bahrain; Masaharu Sato, Consul General of Japan;
V.S. Sidhat Kumar, Consul General of Sri Lanka; Malik
Muhammad Attiq, US Commercial Specialist; Ferdinand Jenrich,
Second Secretary (Political & Economic Affairs), Embassy of
Russia and Sergey Plyushchov, Head of Trade Commission of
Russia in Pakistan.
Whereas, Administrator Gulshan Town Shafeeq ur Rehman;
Member National Assembly Abdul Rashid Godil also visited the
Event.
On the occasion, “The International Award of Honor” was also
presented to Dr. Khursheed Nizam, President, Ecommerce
Gateway Pakistan, by Mr. Zakir Hussain, Addl. Chief
Coordinator Committee. International Human Rights Great
Mission, in the recognition of the services rendered by Dr.
Khursheed Nizam to the Business & Industrial community
through his hard work, leadership and innovations,
beneficial for the community and the country at large.
The 5th Power & Alternative Energy (ITIF Asia 2011) will
be held from March 26 to 28, 2011 at Karachi Expo Center.
Dr. Khursheed Nizam
President, Ecommerce Gateway
For further Information:
Mr. Rashid Aziz, Media Advisor, Ecommerce Gateway (Cell:
0300-2107668)
Mr. Adeeb Aijaz, GM Communications & Media, EC Gateway
(Cell: 0300-8243149)
Pakistan
Immensely Rich in Alternative/Renewable Energy Resources;
Tapping of These Resources Clarion Call for Energy Security:
Mr. Waqas Malik, Advisor to CM Sindh
Karachi, March 29, 2010: Pakistan is immensely rich
in Alternative/Renewable Energy Resources; however there is
a strong need to explore these resources to cope with the
current Energy Shortages in the Country. This was observed
by Mr. Waqas Malik, Advisor to CM Sindh on Inquiries &
Inspection, while talking to the media after visiting the
4th Power & Alternative Energy (ITIF Asia 2010)
International Exhibition here, at Karachi Expo Center,
today.
The Advisor, appreciating the efforts of the Event
organizers, especially Ecommerce Gateway Pakistan &
Alternative Energy Development Board (AEDB), termed the
Event as timely in the back drop of the ongoing Energy
Crisis in the Country; “the Event is bound to bring positive
impact on the development of indigenous Energy Resources in
the Country”, he added. He also observed that despite the
constraints of the foreign companies visiting Pakistan due
to Law & Order Issues the participation of large number of
local & foreign companies in the Exhibition shows the
relentless efforts of the organizers which made this event a
success.
Mr. Waqas Malik, further observed that such kind of Business
to Business Events serve as an effective tool to improve the
image of a country abroad. The same is true for Pakistan as
holding of such events in the country has always helped
bring direct foreign investments in various sectors of local
economy.
The Advisor suggested the Tourism Department to set up
stalls in all such Exhibitions to introduce Paksitani
Culture & its rich heritage to the foreign delegates. The
Advisor, who was accompanied by Dr. Khursheed Nizam,
President ECG & Aijaz Adeeb, GM, Media & Communications, ECG,
appreciated the foreign companies for their participation in
an important Regional Event on Alternative & Renewable
Energy in Pakistan.
International
Human Rights Great Mission presents “The International Award
of Honor” to Dr. Khursheed Nizam, President, Ecommerce
Gateway Pakistan, at ITIF Asia 2010
Karachi, March 28, 2010: International Human Rights Great
Mission presented The Award of International Honor” to Dr.
Khursheed Nizam, President, Ecommerce Gateway Pakistan,
today on the 2nd day of ongoing 4th Power & Alternative
Energy (ITIF Asia 2010) International Exhibition at Karachi
Expo Center.
In the recognition of the services rendered to the Business
& Industrial community through his hard work, leadership and
innovations, beneficial for the community and the country at
large, the International Human Rights Great Mission proudly
presented “The International Award of Honor” of United
Nations under Article 22 Section-1, to Dr. Khursheed Nizam,
President, Ecommerce Gateway Pakistan. The Mission is
represented by Mr. Zakir Hussain, Addl. Chief Coordinator
Committee.
It is worth mentioning that Ecommerce Gateway Pakistan has
been in the business of International Event Management for
more than 25 years. Under the strong leadership of its
President, Ecommerce Gateway is proud to be the ONLY UFI
Approved Event Organizing Company of Pakistan (certified by
the Global Association of Exhibition Industry, Paris,
France). ECG plays a major role by highlighting the
particular subjects of national & international interests,
in Pakistan. The B2B events that are organized by ECG are of
such repute and caliber that play a pivotal role in
projecting our country’s image as an aware, moderate & a
progressive country, globally, and thereby, draw the
attention of international markets and foreign investors to
explore the enormous potential and prospects of investment,
in our land.
With the sincere sense of professional responsibility and
partnership towards the economic development of Pakistan Dr.
Khursheed Nizam took Ecommerce Gateway to the heights of
commitment and being Pakistan’s No.1 Event Management
Company, Ecommerce Gateway is proud to become a sound
partner of both government & the leading corporate sectors
of Pakistan and plays its role by employing its best
resources to facilitate them.
The 4th Power &
Alternative Energy Asia (ITIF Asia 2010) International
Exhibition continues to attract trade visitors on the 2nd
day of its opening
Karachi, March 28, 2010: 4th Power & Alternative
Energy Asia (ITIF Asia 2010) International Exhibition was
visited by Mr. Owais Ahmed Ghani, Governor NWFP, Mr.
Ishak Latuconsina, the Ambassador Indonesian Embassy, Mr.
Trigustono Supriyauto, Consul General of Indonesia, Mr.
Mohammad Khalid Abdul Razzak, Consul General of Malaysian
Consulate, Mr. Andrey V. Demidov, Consul General Russian
Federation, Mr. Shafeeq ur Rehman, Administrator Gulshan
Town, Mr. Abdul Rashid Godil, Member National Assembly and
Mr. Ferdinand Jenrich, Second Secretary (Political &
Economic Affairs), Embassy of Germany, on the 2nd day of
the ongoing exhibition, at Karachi Expo Center.
Mr. Owais Ahmed Ghani, Governor NWFP, while sharing his
views with the media said that technology is Power and it is
essential to educate & aware our new generation about its
blessings. Pakistan is richly blessed with natural resources
and talented youth to invest on. The government extends its
full support to all the local & international sectors in
Environmental & Alternative Energy, Power & Engineering,
etc, who explore the potential of investing in Pakistan and
help grow together.
The Consul General of Indonesia and the Ambassador
Indonesian Embassy, in their messages to the media
complimented Ecommerce Gateway for its input & efforts in
promoting the potential industry and building Pakistan’s
image as a progressive & a talented country with greater
vision towards growth and development.
The Consul General of a Malaysia on the visit, also
expressed great enthusiasm on the endeavor and assured of
all the support from Indonesia, in the regard. Malaysia
takes it as an opportunity to extend its support &
investments for healthy bi-lateral entrepreneurial relations
between the two countries. The Trade Commission of Malaysia
External Trade Development Corporation (MATRADE) was also
present at the occasion.
The Event was also graced by the two high level Iraqi
delegations of 27 members as they were recommended specially
by the Government of Iraq.
The Exhibition will continue till tomorrow (Monday, March
29, 2010), and will remain opened for the trade visitors
till the evening. The purpose of international events & B2B
exhibitions is always to not only build up the national
image but also sustain the economic growth by inviting the
international delegations to witness the enormous potential
and growth prospects in our country.
It may be mentioned that ITIF ASIA-2010 is the leading
regional event on Alternative and Renewable Energy
Development on the regional calendar, organized by AEDB in
collaboration with the Ecommerce Gateway Pakistan with the
support of national and international organizations both
from public/private sectors. The event has been serving as a
meeting point for the international, regional and local
stakeholders to exchange views and explore possibilities for
investment in Pakistan in alternative / renewable energy
sector.
4th Power &
Alternative Energy Asia (ITIF ASIA 2010) opens at Karachi
Expo Center
Karachi: March 27- Sindh
Minister for Information Technology, Mr. Mohammad Raza
Haroon inaugurated the 4th Power & Alternative Energy Asia
International Exhibition & Conference both started here at
the Karachi Expo Centre, today.
Speaking on the occasion, the Minister for Information
Technology Sindh, Mr. Mohammad Raza Haroon said that
Pakistan ignored its energy sector; as a result, we paid
about US$ 12 Billion for its energy imports in the year
2008, - which were 63 % of the total export earnings. In
2009, our oil import bill increased to US $13 Billion. But
still, Pakistan continues to experience energy shortages
causing Economic losses, exceeding US $ 6 Billion in 2008
alone, which exceeds the financial package of the IMF to
Pakistan. And yet today, the minister added, only 63% of our
people have grid connected electricity, and 80% of the
population is without piped natural gas – forcing these
deprived rural poor to inefficient, low quality and
expensive fuels. The poor in Pakistan are paying 3-5 times
more for their energy supplies compared to those of us
living in the urban centers.
He said that, Pakistan has enormous unexploited renewable
energy resources – waiting to be harvested. In the hydro
Energy sector, Pakistan has a large potential of over 50,000
MW. However, less that 15% of this has been harvested to
date. He appreciated that AEDB is facilitating the provinces
in this sector, and already 8 projects totaling 110 MW are
under implementation in the private sector, and more than 2
dozen projects are in advance stages of preparation in the
private sector. He also lauded AEDB for working with AKRSP
to install 103 Micro Hydro projects in Chitral and Gilgit
Baltistan, of which 60 have already achieved completion in
the last year. 63 additional feasibilities are under
preparation, which may be provided to the private sector to
consider investment. He expressed satisfaction on financial
closure for 4 – 50 MW plants adding 200 MW in the national
grid in 2011 from the Gharo-Keti Bunder Wind Corridor alone.
In his welcome remarks, Mr. Arif Allauddin, CEO AEDB said
that Pakistan has made great strides in improving the image
of Pakistan to the international inve0stors and turbine
manufacturers. Two years ago, he said, “we were frustrated
as the Wind Turbines were not available for Pakistan –
today, the manufactures are chasing the investors in
Pakistan. Nordix, GE, Sunnec and CWE have signed major MOUs
promising setting up the farm and also manufacturing the
components locally.” The first farm is expected by the end
of the year will contain 15 % locally manufactured parts, he
disclosed. In the Solar area, Pakistan offers excellent
potential as well, the CEO said. He observed that for some,
solar does not compete with other RE technologies such as
hydro and wind, but Solar offers advantages that no other
technology provides – Solar PV for example brings life to
far off, distant dwellers where the electricity is not
expected for years. AEDB has taken upon itself to electrify
most of the villages which are not expected to get
electricity from the grid.
He informed that AEDB is signing an agreement with the
telecom companies which will help energize more than 600
telecommunication towers through RE, thereby enabling the
companies to provide un-interrupted service to the more part
Pakistan.
He further informed that AEDB has launched the consumer
confidence building program which offers solar water heaters
through the vendors at no risk to the consumers. AEDB has
also developed a program with key-stake holders a program
for accelerated deployment of 400,000 solar water heaters in
the country by 2015.
He also informed that AEDB is aggressively working on waste
to energy projects and already 35 MW have come on line this
year in this sector. We expect 9 new plants in this sector
operational by 2012. But there is still a lot of opportunity
as we have waste for about 260 such plants in the country.
“Our waste is now our resource,” he added.
Keeping in view the experience of the past, AEDB took more
market-oriented approaches, that would respond to local
demand and user needs, promote enterprise development for
sustained service, and create financing mechanisms
independent of continuing donor dependence. The key elements
of the approach include expanding and sustaining markets
that offer the economic and social benefits most needed.
The paradigm shift that AEDB has brought about has shifted
the focus from the technology assessment to market
assessment – where we are more interested in what the market
can bear, our focus now is on applications, value-added and
user – rather than the Equipment supply focus. Under the new
paradigm we focus more on the Policy, financing,
institutional and social needs and solutions, rather than
focusing on Economic Viabilities. Instead of making
technical demonstrations, we are more interested in
demonstrating business, financing, institutional and social
models. Instead of accepting Donor gifts of Equipment, we
are more interested in Donors sharing the risk and costs of
building sustainable markets and finally we are focusing on
experience, results and lessons instead of Plans and
intentions.
He said that the mandate of Alternative Energy Policy has
been expanded, in consultation with all stake-holders. The
policy has been made simpler and non grid AE have been
included. The Policy when released in a few weeks time will
come with standard EPA and IA, many other documents. Grid
Code changes have been accepted and notifications under
process, he added.
He told that gathering that the Government has also agreed
to offer preferential rate of return to all Alternate Energy
Investments – and the new rate is expected to be 17% ROE.
Further, NEPRA is expected to announce incentive of up to 1%
ROE on the projects that come on early.
Additionally, the government is working with the Asian
Development Bank for counter grantees to the Guarantees of
Energy Purchaser, in order to bring the comfort to the
lender, reduce the perceived country risk and lower the
project cost. This will hopefully be available by the 2nd
week of April to leading project developers.
The Government has accepted the proposal of creating a
Renewable Energy Development Fund for the promotion of the
Alternate Energy in Pakistan, which can actually invest and
be partners to the private sector.
Special proposals for the 2010 budget, proposing, subsidies,
fiscal and financial incentives for off grid products are
under active consideration.
He told that AEDB has negotiated special grant assistance
from the Donors for the Energy Resource mapping and project
development for Baluchistan and Sindh. Similar assistance is
already in place for NWFP and Punjab. Once the projects are
developed AEDB will utilize the REDSIP funding available to
it for financing the viable projects.
He also told that National Award in RE are being proposed.
AEDB recognizes all the exhibitors of this event as the
pioneers in their field. However, AEDB will be announcing
Nation Alternate Energy Awards for the most significant work
done. The first award is expected to be made next year.
The AEDB’s achievements are enormous and so is the support
extended by all stakeholders. The Events like 4th Power &
Alternate Energy Asia have greatly helped in attracting
local & foreign investments in the country in the field of
alternative & renewable energy while showcasing the
continued progress.
Mr. Robert Gibson British Deputy High Commissioner
appreciated the Government of Pakistan on putting greater
emphasis on Renewable Energy. He said it has set an
ambitious target of 10% Renwable Energy or 2700 MW in the
Country’s energy mix by 2015.
Dr. Khursheed Nizam, President Ecommerce Gateway on the
occasion added that Pakistan like other developing countries
is facing a serious challenge of energy deficit. Renewable
Energy resources can play an integral role not only in
bridging this deficit but also we can take electricity to
the un-privileged areas.
It may be mentioned that ITIF ASIA-2010 is the leading
regional event on Alternative and Renewable Energy
Development on the regional calendar, organized by AEDB in
collaboration with the Ecommerce Gateway Pakistan with the
support of national and international organizations both
from public/private sectors. The event has been serving as a
meeting point for the international, regional and local
stakeholders to exchange views and explore possibilities for
investment in Pakistan in alternative / renewable energy
sector.
The Event, like previous years, has attracted large
participation from across the world; this year more than 13
countries including China, India, Iran, Iraq, Russia, South
Korea, UAE, USA, etc are participating. A high level
delegation of 35 businessmen/ entrepreneurs from Iraq is
also participating in the Event with the objective of
procurement, joint ventures and prospective collaborations.
The 4th Power & Alternative Energy Asia Int’l Exhibition was
also inaugurated by the Provincial Minister for Environment
& Alternate Energy Shaikh Muhammad Afzal alonwith Abdullah
Ahmed Al Badri of Hamriyah Free Zone Authority UAE, Dr.
Khursheed Nizam President Ecommerce Gateway, Mujahid Sadiq
DG Int’l Cooperation AEDB and members of the Iraqi Business
Delegation.
The Chief Guest visited the stalls, met the domestic &
foreign exhibitors and assured fullest support from the
Government side. The Event will be continued till 29th April
where more than 30,000 trade/ corporate visitors are
expected to attend the Exhibition. |