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Mian Mansha meets Shahbaz…..Setting up of energy fund for investment in energy sector mulled

A delegation of prominent industrialists, investors and traders of the country, led by Nishat Group Chairman Mian Mansha met Chief Minister Shahbaz Sharif at Chief Minister’s Office.

Various proposals for overcoming energy crisis and investment in power projects were considered in the meeting. It was agreed that private sector would set up power generation projects with solar, biomass and biogas while Punjab government would extend facilities for investment. Proposals for establishment of a joint energy fund for investment in energy sector were also considered.

Talking to the delegation, the chief minister said poverty and unemployment had increased due to closure of industries and the private sector would also have to play its role in overcoming power shortage.

He said the Punjab government would provide resources and facilities for investment in the sector. He said that assistance of industrialists, traders and investors is required for dealing with problem of shortage of electricity.

Mian Mansha also spoke. Provincial Minister for Energy Sher Ali Khan, Minister for Agriculture Dr Farrukh Javed, Advisor Azmul Haq, Coordinator to CM on Energy Shahid Riaz Gondal, chief secretary, secretaries of finance, and energy departments, vice-chairman Punjab Investment Board and prominent industrialists, investors and traders were also present.

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