STAFF REPORT KHI: Pakistan may fall into the bracket of food-importing countries in near future, if the government fails to take immediate measures to resolve the energy crisis, Engro Corporation President and CEO Muhammad Aliuddin Ansari told the media.
“We know that wealthy countries and international financial institutions dole out large amounts of aid to poor countries every year to meet their food requirements. I fear Pakistan may join the list of food-importing, poor countries if measures are not taken to control the deteriorating energy situation,” Ansari expressed signaling serious caution.
He also said that Pakistan should follow in the footsteps of other developing and developed countries by burning coal to generate cheap electricity.
“More than 50 percent of electricity is generated via coal worldwide. It is the cheapest source of energy, but we have still to take advantage of Thar coal reserves,” he said.