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APTMA gets assurance of early resolution to energy crisis
30
Jul '13
The government of Pakistan’s Punjab province is fully aware about the gas and power crisis issue hindering the textile industry and is working on war footing to address the same, state Chief Minister Muhammad Shahbaz Sharif said during a meeting with an All Pakistan Textile Mills Association (APTMA) delegation in Islamabad.
 
He said his government is resolute to solve the issue and has proposed introduction of several steps like devising a comprehensive policy to ensure adequate power and gas supply to the textile industry, and also launching other programmes for ensuring revival and progress of the sector.
 
The government is considering all possible alternatives of energy generation at minimum cost, and is also looking at setting up new power generation projects using hydel, thermal and other alternative resources and draw more investments in the energy sector, particularly in electricity production, he added.
 
He said that during his recent visit to China, Prime Minister Nawaz Sharif has been able to win interest of several Chinese investors to invest in the energy sector. 
 
The Chief Minister assured all possible help and facilities to investors willing to invest in power generation sector to generate power using coal, biomass, solar and alternative resources. He said that all local and international investors investing in power generation projects in Punjab would be provided facilities under one-window system.
 
Adequate power and gas supply to the textile industry would not only allow the units to fully utilize their capacities, but would also boost job creation. 
 
Minister for Water and Power Khawaja Muhammad Asif, Minister for Petroleum and Natural Resources Muhammad Shahid Khaqan Abbasi, APTMA acting Chairman Wasal A. Munnoo, and former APTMA chairman Gohar Ijaz, were among those who attended the meeting with Mr. Sharif.
 

Fibre2fashion News Desk - India


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