Shehbaz Sharif questions slow work on CPEC projects

Islamabad: Prime Minister Shehbaz Sharif has asked the inquiry commission for an early submission of a report on suspension of power projects during around last four years including the slow working on the China-Pakistan Economic Corridor (CPEC) power projects.

The PM chaired a meeting to review measures for promotion of solar energy in the country.

He ordered a detailed report on the amount received as fuel price adjustment through the electricity bills.

He also called for prioritizing Balochistan during the provision of solar systems in the country.

The PM stressed that the solarization would not only reduce the import bill of costly fuel but also help generate low-cost and environment friendly electricity.

He told the meeting that the people would be provided with solar systems as an alternate to the costly electricity being generated using the imported fuel.

The prime minister said that the alternate energy policy introduced in 2020, did not only fail to produce required results but also to attract investment in the sector.

The meeting was briefed in detail on the solar projects as an alternate to costly power projects.

It was told that the government would launch solarization projects of around 14000 megawatt within next few months. Out of these, the solar projects of around 9000 MW would be executed on priority.

Under the initiative, the solar systems would not only be provided on reduced prices but also be given tax incentives.

The prime minister also directed the authorities concerned to carry out comprehensive planning for an early execution of the solar projects. He also directed to expedite work on the CPEC projects.