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Punjab Government and a German company have signed three MoUs for cooperation in energy sector.
The company‚ Energiequelle Gmbh‚ will set up a 100 megawatt solar power plant in Sahiwal as well as one plant each of biogas and biomass.
The installation work of 100-megawatt solar power plant would be completed in four months.
Speaking on the occasion‚ the Chief Minister Mian Shahbaz Sharif said Punjab government is making serious efforts for the implementation of power projects so that energy crises could be resolved in the country.
He said that agreements have been signed with several foreign companies for overcoming load-shedding and their implementation would substantially reduce energy problem in the country. Special incentives and facilities are being offered for investment in energy sector.
The Chief Minister said that a number of foreign companies have shown interest in setting up projects in Quaid-e-Azam Solar Park being established in Bahawalpur. He said that work is being carried out speedily for provision of infrastructure and other facilities in Quaid-e-Azam Solar Park. He said that the project of Quaid-e-Azam Solar Park would generate new job opportunities in the area.
The leader of the delegation of the German company Helmut Fugemann said that his company is also interested in setting up solar power plant in Cholistan. He said that efforts would be made for production of the equipment of the solar power plant in Pakistan which would result in transfer of German technology to the country.
Radio Pakistan-
The installation work of 100-megawatt solar power plant would be completed in four months.
