Punjab making law to regulate power production

Secretary asks Faisalabad industrialists to set up power company.


Shamsul Islam February 08, 2012

FAISALABAD:


The Punjab government is formulating a law to regulate power generation and distribution in a fair and transparent manner which is expected to help overcome energy crisis in the province.


Punjab Energy Secretary Rabnawaz disclosed this while addressing a meeting of exporters, traders, industrialists and businessmen at the Faisalabad Chamber of Commerce and Industry (FCCI) on Tuesday.

He said the government had initiated various projects having capacity to produce 3,000 megawatts of electricity. Of this, 1,000 megawatts will be generated through coal, 1,000 megawatts will be purchased from sugar mills and remaining 1,000 megawatts will be produced through other means.

He said the Punjab government was patronising joint ventures with the private sector and asked the industrialists to set up Faisalabad Power Company in order to get rid of the energy crisis.

He suggested that investors should invest capital in biogas projects as these are cheaper and with the support of government plants would start working in the province from next fiscal year.

Briefing the meeting about energy audit and power sharing schemes, Rabnawaz stressed the need for introducing long-term policies for overcoming energy crisis once and for all.

He revealed that a 50-megawatt power plant was being built in the M-3 Industrial City and one plant each of 25 megawatts in the Value Added City and Small Industrial Estate Sargodha Road, which would help provide uninterrupted electricity supply to industrial units of Faisalabad.

Earlier, FCCI President Muzammil Sultan highlighted the importance of Faisalabad, saying it was generating heavy revenue for the national exchequer. “But unfortunately, the city is facing severe energy problems nowadays due to which industrial activities have suffered.”

Published in The Express Tribune, February 8th, 2012.

COMMENTS (1)

Fawad | 12 years ago | Reply

Thankyou Shbaz Shareef... God Bless you!!!

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