Govt to complete Rs 12b energy projects

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LAHORE : The Punjab govt will undertake projects in energy sector at a cost of Rs 12b during current fiscal 2013-14. "Power generating projects of 200MW will be executed with public-private partnership," official sources told APP on Monday.

At present Pakistan is facing shortage of electricity and people have to face worst loadshedding," sources said, adding completion of power projects would minimize intensity of power outages and provide relief to people besides helping the industry.

They pointed out that Chief Minister Shahbaz Sharif had already wooed Chinese investors to initiate work on the Nandipur power project besides signing a number of other power generating projects including a 120MW plant at Taunsa Sharif. "To lessen repercussions of loadshedding on agriculture, tube-wells on solar energy are being installed across the province. In this regard a huge amount of Rs 2.36 billion is being spent. The amount will be provided from the annual development programme," sources said.

Courtesy: Nation

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