Korean Waters Resources Cooperation’s delegation call on CM Punjab

Lahore: A representative delegation of Korean Waters Resources Cooperation met Punjab Chief Minister Muhammad Shahbaz Sharif at Model town, here today. Matters regarding cooperation in energy sector were discussed on the occasion.  Chief Executive Officer of Korean Waters Resources Corporation, Waqar Ahmed Khan, Deputy Chief, Hyukpark, Chief Financial and Commercial Officer, Haksop Han, Energy Minister Ch. Sher Ali Khan, Provincial Irrigation Minister Yawar Zaman, Secretaries Energy and Irrigation and other concerned officers were present in the meeting.

Talking to the delegation, the Chief Minister said that Pakistan is facing serious energy crisis and every megawatt of electricity is precious. He said that energy projects have to be completed expeditiously. He said that due to corruption and negligence of former rulers, the nation is facing the agony of load shedding. He said that present government wants to rid the country of energy crisis as soon as possible. The Chief Minister welcomed the offer of Korean Waters Resources Corporation of cooperation in energy sector. He said that Korean investors should invest in energy sector in Punjab and assured that all out facilities would be provided for this purpose.

The Chief Minister directed that cooperation with Korean Waters Resources Corporation in Taunsa power project should be considered. He said that the government wants to complete 120-megawatt Taunsa power project as soon as possible. He said that feasibility report of the project has been prepared and directed that the process of awarding of the contract should be completed transparently and expeditiously. He directed that cooperation of Korean firm with regard to water management of rivers and canals should be considered. He said that energy department will be modernized for its capacity-building.

Chief Executive Officer Korean Waters Resources Cooperation, Waqar Ahmed Khan, expressed willingness to cooperate with Punjab government in energy projects. He said that Korean investors are serious in investment in power projects in Punjab and bilateral cooperation would be increased in this sector.