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Provincial moot to help end energy crisis: CM

CHIEF Minister Shahbaz Sharif has said that Punjab government is going to hold Provincial Energy Conference today (Thursday), in which a large number of investors will participate.

He expressed the hope that the Provincial Energy Conference will be helpful in eliminating energy crisis in the province. He said that the opportunities of investment in energy sector will also help in overcoming energy crisis.

He was presiding over a high-level meeting regarding Provincial Energy Conference at CM’s Office, Wednesday.

Addressing the meeting, Shahbaz Sharif said that resolution of energy crisis is priority. He said that federal government has announced National Energy Policy with the consultation of four provinces and it was agreed in the Council of Common Interests that the gas and electricity theft should be declared as non-bailable crime. Shahbaz Sharif said that strict action is being taken against the government officials involved in electricity and gas theft. He said that work is being done for generating energy through alternative and renewable sources for solving energy crisis. He said that projects are being planned for generating energy through biogas, solar and hydle sources in Punjab. He said that 1,000 megawatts electricity can be generated through the bagasse of 46 sugar mills in Punjab. Shahbaz Sharif said that as per promise, government has paid the circular debts of Rs 480 billion.

He ordered NEPRA and NTDC officials to dispose of all necessary matters immediately. Shahbaz Sharif directed that the land allocated for solar energy in Cholistan be named after Quaid-e-Azam Solar Park. He said that besides Chinese investors, local investors should also be motivated to set up solar plants there. He said the work of laying separate transmission line for solar power plants should be completed within a year and a project should be prepared and presented at the earliest. He said that Punjab government should accelerate the process of setting up small hydle projects at canals and rivers and Taunsa Power Project be completed at the earliest. Shahbaz Sharif said that Punjab government would announce energy and infrastructure development fund whereas announcement of special incentives would be made for investment in energy sector for investors in energy conference.

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