STAFF REPORT LHR: The renewable energy sector in the country often faces severe project management associated risks which are mandatory to be wiped in order to boost the potential of the alternate energy in Pakistan. A seminar on the theme, “Renewable Energy and Power – Managing Project Risk Finance” was held recently. The objective of the event was to identify various management challenges present in renewable energy projects in Pakistan. The event was a productive gathering comprising of eminent experts from renewable energy sector.


The event was organized by Lockton MENA, which is a globally renowned insurance firm and also provides risk management solutions. The Pakistan Board of Investment (PBOI) representatives were also present on the occasion. A large number of local and international investors in renewable energy sector also attended the event.


Secretary PBOI, Syed Iftikhar Hussain Babar while addressing in the seminar vehemently emphasized on need of mitigating the associated risks in project management of renewable energy errands as the country was already suffering from severe energy crisis since past few years and productive discussions like this are imperative in order to bring a viable and sustainable change by utilizing cost-effective and eco-friendly energy resources”.

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