2 more cos join

on 03/04/2014

Punjab government has also signed an agreement with TBEA of China for a 1,000 MW solar plant in Cholistan. The provincial government has offered around 5,000 acres for such projects to various companies. Norinco International Corporation Ltd is another prominent Chinese company planning to set up a solar power project in Cholistan.

It recently signed a memorandum of understanding with G/o Punjab. Under the agreement, Norinco International will set up a 300 MW solar power project in Cholistan in 12 months. Punjab government will assist Norinco International in acquiring the site. Speaking at MoU signing, CM Shahbaz commended Chinese government and investors for their cooperation in energy sector. Nothing is more important than solving energy crisis. We will be rid of load shedding by quick completion of power projects, he added.

Vice President Norinco International, Zhang Shiping said that Chinese people are deeply impressed with Shahbaz Sharif’s speed for implementing development projects and he is very much liked in China. He hoped that power projects will be completed at the speed at which metro bus project was executed. Solution of energy problem is top priority of his government as we need it for putting the economy back on the track. He said that concerned departments must work efficiently and no negligence should be shown in this regard.

CM said that shortage of electricity will be overcome at any cost as it has made life miserable and all out measures are needed to resolve this issue. And if concerned departments did not do enough, the nation will never forgive them. He also stressed on removing flaws in the power supply system and said that efforts should be made on war footing for upgrading the system. It needs urgent and coordination between concerned departments.