Govt. taking steps to overcome energy shortage, says PM Nawaz

A delegation of China Gezhouba Group Investment Holding Company, led by its Chief Financial Officer Lin Xiaodan called on PM Nawaz at PM House, Islamabad today.

The meeting, which was attended by Federal Finance Minister Muhammad Ishaq Dar, Minister for Petroleum Shahid Khaqan Abbasi and Minister for Water and Power Khawaja Muhammad Asif, reviewed matters pertaining to investment in Pakistan.

Speaking on the occasion, the Prime Minister said government has made investor-friendly policies to encourage foreign investment to Pakistan particularly in the power sector.

“Government had fixed timelines for all projects and the power companies undertaking energy projects were expected to follow them strictly so that high demand of electricity could be met within stipulated time-frame”, he added.

The delegation of China Gezhouba Group Investment Holding Company expressed interest to make investment in the Neelam- Jhelum hydro project as well as in coal-fired, LNG based and solar power plants in Pakistan.