Secretary Energy Usman Bajwa on behalf of the Punjab government and Marcus Heel on behalf of Pan Africa signed the MoU under which British company will set up a project of 100MW in Quaid-e-Azam Solar Park, Bahawalpur.
A memorandum of understanding (MoU) was signed between Punjab government and British company Pan Africa at a ceremony, attended by Punjab Chief Minister Shahbaz Sharif, British Senior Minister of State for Foreign Affairs Baroness Sayeeda Warsi, Provincial Energy Minister Sher Ali Khan, Members Assembly, Chief Secretary and authorities concerned.
Speaking on the occasion, Chief Minister Shahbaz Sharif said the government is taking steps on an emergent basis to overcome energy crisis under which agreements have been made for starting various power generating projects with the collaboration of national and international companies. He said that the targets of economic development cannot be achieved without overcoming energy crisis and traditional as well as alternative sources are also being utilised for implementing power generation projects speedily.
Shahbaz Sharif said that the method of generating energy through solar is also popularising all over the world. He said that Punjab government has not only made agreements with different companies for launching energy generating projects through solar under a coordinated strategy but government offices are also being shifted into solar energy system under a phased programme. He said that streetlights are also being replaced with solar power in big cities.
The Chief Minister said that the agreement of setting up solar power project by Pan Africa Company in Punjab is a welcoming step. He said that Punjab government would provide all facilities for rapid implementation on this project. He said that due to the solid policies of the present government, the confidence of the investors has restored and they are willing to invest in various sectors including energy. He said that special facilities are being provided to foreign investors in energy sector under one window operation and expressed the hope that these steps would help overcome energy crisis.