Serious efforts are being made under the leadership of Prime Minister Nawaz Sharif to resolve energy crisis, said Punjab Chief Minister Shahbaz Sharif while presiding over a meeting in Islamabad on Wednesday regarding energy projects.
The meeting decided to set up three gas based power projects of 3600 megawatt. These projects will be set up in Bikhi, Sheikhupura, Baloki, Kausr and Haweli Bahadur Shah at Jhang. The federal government will provide funds for two projects of 2400 megawatt while the Punjab government will provide sources for one project of 1200 megawatt. Ambassadors of China, Turkey, Italy, Spain and Greece besides commercial consulers of Canada, South Korea and Japan were present during the meeting.
Addressing the meeting, the chief minister said that the government is working on priority basis for coping with the problem of shortage of electricity, revival of economy and elimination of terrorism. He said that power projects will be completed by 2017.
He said that serious efforts are being made for the solution of energy problem on permanent basis. He said that work is also in progress on coal, solar, hydel and other projects. He said that investment by friendly countries in energy projects will be welcomed.
He said that all out facilities will be provided to the investors while their investment will be fully protected. He also commended the cooperation and investment by China in coal power projects.