German investors delegation meet CM, express interest to setup waste-to-energy project

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Parvez chairs LDA governing body meeting

An investors delegation led by Mr. Carsten Wenske, CEO of German firm Innovative Techno Plus, met with Chief Minister Punjab Chaudhry Parvez Elahi at his office and expressed willingness to set up a waste-to-energy project in Lahore and also expressed interest in investing in solar panel manufacturing.

The CM opined that cheap electricity will be provided by the waste-to-energy project and added that the Punjab cabinet has already approved the expression of interest for the project. The generated electricity will be directly supplied to industrial estates and the project will be taken forward on a fast track, he said. The production cost of the electricity obtained from the waste-to-energy project will decrease by more than 50%; the CM added and regretted that criminal negligence was committed during the PML-N tenure by not paying attention to the waste-to-energy projects. It has also been decided to convert the street lights system to solar power under a private partnership mode. The commissioner’s office, sports grounds and other institutions will also be converted to solar energy and a transmission and Distribution Company will be established for the transmission of electricity in Punjab, the CM stated.

Meanwhile, the expats delegation included Muhammad Asif, Abdul Jabbar, Anjum Munir and Tanvir Shah. Sajid Bhatti MPA, Principal Secretary Muhammad Khan Bhatti, secretary local government, secretary energy, secretary industries, CEO Lahore Waste Management Company and others were also present.

Chief Minister Punjab Chaudhry Parvez Elahi has approved the construction of an underpass from Babu Sabu Interchange to Ring Road Gulshan Ravi T-Junction. He also consented to give all housing schemes’ records to Ravi Urban Development Authority falling in the RUDA area. Similarly, approved, pending and illegal housing schemes’ records in the RUDA area will also be transferred to the authority. The CM approved projects on 152 kanals of land adjacent to the IT tower on Ferozpur Road. A hospital of 59 kanals, an IT tower of 24 kanals and four commercial buildings will be built in front.

A meeting of the governing body of LDA was held under the chair of Chief Minister Parvez Elahi.

The CM said that parking facilities should be ensured in the new projects. It was agreed to form the committee and sub-committee to deal with LDA affairs, while the amendments in LDA Land Use Regulation, 2020 and building and zoning regulations were also approved. While passing the map, safety and security and other rules and regulations should be kept in mind, CM stated.

While passing the map of the apartments, four walls and parking facility should also be marked, he added. It will be necessary to get NOC from the neighbors before allowing the apartments. 50% green area has to be allocated on the roof.