Punjab Chief Minister, Muhammad Shahbaz Sharif has said that completion of 5,000 MW coal and gas based power plants will provide low cost electricity to the people He was addressing a high level meeting that reviewed progress on development projects including power projects here on Monday. Chairman Planning & Development, Secretary Industries, Chairman Investment Board and concerned authorities attended the meeting.
He said energy projects under China Pakistan Economic Corridor are being speedily implemented and 1320 megawatts Sahiwal Coal Power Plant will be completed much before the stipulated period. The power production from this project will start from the beginning of next year.
Shahbaz said that work is continuing expeditiously on 3600 megawatts gas-based power projects in Punjab and these projects have been obtained at the lowest rate in the contemporary history.
He said saving of 112 billion rupees has been made on these projects while funds of billions of rupees have been saved in development projects through transparency; work on solar projects is also in progress.
The CM said that thousands of megawatts electricity will be generated with the completion of several energy projects till 2018 which will fulfil electricity requirements while industrial and agriculture sectors will also progress.