Facilities for investors of energy sector needed: Tanveer


A meeting was held at the Punjab Power Development Board office under the chairmanship of the caretaker Provincial Minister for Industries, Commerce and Energy SM Tanveer in which various proposals were considered for providing cheap electricity to Punjab Industrial Estates and Industrial Clusters. MD PPDP Sania Awais gave a detailed briefing about the board’s performance, completed projects and future plans.

Caretaker Provincial Minister of Energy, Industry and Commerce SM Tanveer while addressing the meeting said that to keep the wheel of industry moving, the energy projects will be completed on a priority basis.

He said that there is a huge scope for domestic and foreign investment in the energy sector. There are also vast opportunities for obtaining solar energy in Punjab. He directed that the department should plan effectively to supply energy to industry in Punjab. The provincial minister said that all possible facilities should be provided to the energy sector investors.

MD PPDP said that 1820 megawatt electricity has been added to the national grid with the completion of four power projects in Punjab.

Foreign investment of 2.4 billion dollars in these projects created 5000 employment opportunities. He said that Punjab Grid Company will be formed while Punjab Power Generation Policy 2023 has been prepared.

In the meeting, former MD NTDC Tahir Basharat Cheema and the relevant officers of the board participated.