ELECTION OF DIRECTORS
PM Nawaz discusses energy crisis with Hussain Dawood
Prime Minister Nawaz Sharif on Wednesday said that private sector’s investment in the energy sector could play a vital role in reducing the electricity shortfall in the country. Talking to Hubco Chairman Hussain Dawood, who called on him at the PM House, the prime minister added that the sector would be meted out preferential treatment in order to attract local and foreign investments. He appreciated the construction of 84MWs run-of-the-river project by Hubco’s Laraib Energy as the first private sector hydel power project in the country. Mr. Dawood expressed confidence in Nawaz’s leadership and the pro-business policies of the present government. Terming it a national endeavour to bring Pakistan out of energy deficit morass, he appreciated the premier’s focus on the energy sector as the country’s economy and people’s lives were linked to it. The premier assured his full cooperation and support for the provision of business-friendly environment in the country.