AIRLINK 174.40 Decreased By ▼ -1.33 (-0.76%)
BOP 13.31 Increased By ▲ 0.19 (1.45%)
CNERGY 7.44 Decreased By ▼ -0.10 (-1.33%)
FCCL 43.40 Decreased By ▼ -0.51 (-1.16%)
FFL 14.97 Decreased By ▼ -0.04 (-0.27%)
FLYNG 26.60 Decreased By ▼ -0.30 (-1.12%)
HUBC 130.00 Decreased By ▼ -0.23 (-0.18%)
HUMNL 13.23 Decreased By ▼ -0.11 (-0.82%)
KEL 4.46 Decreased By ▼ -0.04 (-0.89%)
KOSM 6.04 Decreased By ▼ -0.02 (-0.33%)
MLCF 55.00 Decreased By ▼ -1.03 (-1.84%)
OGDC 212.32 Decreased By ▼ -2.45 (-1.14%)
PACE 5.94 Decreased By ▼ -0.04 (-0.67%)
PAEL 41.10 Increased By ▲ 0.20 (0.49%)
PIAHCLA 16.30 Decreased By ▼ -0.02 (-0.12%)
PIBTL 9.62 Decreased By ▼ -0.13 (-1.33%)
POWER 11.60 Decreased By ▼ -0.16 (-1.36%)
PPL 178.50 Decreased By ▼ -2.98 (-1.64%)
PRL 33.90 Decreased By ▼ -0.32 (-0.94%)
PTC 22.80 Decreased By ▼ -0.26 (-1.13%)
SEARL 94.50 Decreased By ▼ -1.22 (-1.27%)
SILK 1.18 Increased By ▲ 0.04 (3.51%)
SSGC 34.85 Decreased By ▼ -0.60 (-1.69%)
SYM 15.75 No Change ▼ 0.00 (0%)
TELE 7.80 Decreased By ▼ -0.07 (-0.89%)
TPLP 10.90 Decreased By ▼ -0.08 (-0.73%)
TRG 60.72 Increased By ▲ 0.22 (0.36%)
WAVESAPP 10.71 Decreased By ▼ -0.10 (-0.93%)
WTL 1.32 Decreased By ▼ -0.03 (-2.22%)
YOUW 3.77 No Change ▼ 0.00 (0%)
BR100 12,066 Increased By 12.1 (0.1%)
BR30 36,391 Decreased By -75.7 (-0.21%)
KSE100 114,076 Decreased By -280.4 (-0.25%)
KSE30 35,161 Decreased By -185.7 (-0.53%)

A Memorandum of Understanding (MoU) was signed between Punjab government and a renowned Canadian Company, High Mark Bio-Gas, at Chief Minister's Office on Friday for setting up bio-gas project. Chief Executive Officer Evan Chrapko on behalf of High Mark Biogas Company while Secretary Energy Usman Bajwa on behalf of Punjab government signed the MoU.
According to the agreement, High Mark Bio-Gas Company will set up a pilot project of 22 megawatts of biomass gas in Punjab. The project will be completed within a short period of six months. Besides Chief Minister Punjab Muhammad Shahbaz Sharif, Provincial Energy Minister Sher Ali Khan, Chairman Planning and Development, Secretaries of Energy, Agriculture, Information, Local Government and other concerned officials were also present on the occasion.
Punjab Chief Minister Shahbaz Sharif said that signing of MoU between High Mark Bio-Gas Company and Punjab government with regard to biogas project is a welcoming step. He said that vast opportunities of generating energy through bio-mass and biogas exist in Punjab and Punjab government will fully benefit from these opportunities. He said that the experiences of foreign investors and companies would also be benefited in this regard so that energy crisis could be minimised at the earliest.
The Chief Minister said that besides traditional sources, Pakistan Muslim League-N government was also working for generating energy through non-traditional sources. He said that non-traditional sources were cheap source of generating energy which would provide relief to the people. Shahbaz Sharif said that there was great potential of setting up bio-gas projects in Punjab and there was no shortage of fuel for the projects of biogas.
Earlier, Chief Executive of the company, Evan Chrapko met the Chief Minister Shahbaz Sharif at Chief Minister's Office. Muhammad Umar Ghaznavi was also present on the occasion. Evan Chrapko gave a briefing to the Chief Minister about his company and assured that his company will make vigorous efforts for completing biogas pilot project in Punjab within six months.

Copyright Business Recorder, 2013

Comments

Comments are closed.