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Gas-based power plants to generate cheap electricity: Shahbaz

byMatiur Rehman
21/10/2015
in Business
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LAHORE: A delegation of General Electric Company, led by its CEO Steve Bolze, has called on Chief Minister Shahbaz Sharif and discussed gas-based energy projects in the province.

Speaking on the occasion, the chief minister said that strenuous efforts had been made to give a practical shape to gas power projects in the province and under the leadership of Prime Minister Nawaz Sharif all the matters relating to these projects had been finalised speedily and transparently.

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He said that completion of gas-based power projects would result in availability of cheap electricity to the people of the country. He said that foundation stone of two gas power projects had been laid and after Bhikki and Haveli Bahadur Shah, the foundation stone of gas power plant at Baloki would also be laid soon. He said that a total of 3,600 megawatt electricity would be added to the national grid with the completion of these three projects. He said that energy projects being set up in Punjab would benefit the whole country. He said that gas-based power projects would prove to be game changer in energy sector.

He said that besides ensuring transparency and high standard of these projects, a new example of saving of Rs110 billion of public money had also been set. He said the Punjab government was setting up a gas-based power plant in Bhikki, Sheikhupura with its resources while federal government was establishing power plants at Haveli Bahadur Shah and Baloki. He said that all matters relating to gas power plants had been completed in a highly transparent manner and the bidding process was unprecedented in the history of the country regarding its transparency. He said these gas power plants would be completed by the end of 2017 and a total of 3,600 megawatt electricity would be added to the national grid.

General Electric Company CEO Steve Bolze paid rich tributes to Sharif for the speedy and transparent work on power projects as well as metro bus service for provision of modern transport facilities to the masses and said that his tireless efforts were acknowledged by all.

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