LAHORE - Chief Minister Punjab Shahbaz Sharif has disclosed that the provincial government is taking several concrete initiatives to generate electricity in order to overcome energy crisis in the country. He said that the electricity to be produced with the efforts of the Punjab government would be added in the national grid system so that the whole country would be provided benefit in this regard. The chief minister stated this while addressing the Energy Roundtable Conference held under the aegis of Punjab Board of Investment And Trade (PBIT) in collaboration with Punjab Power Development Board (PPDB) and Punjab Power Development Company (PPDCL) here at CM Secretariat on Friday. A number of short, medium and long-term measures for power generation were also discussed during the roundtable including hydel energy, coal energy, solar energy, and bio mass energy besides adopting conservation of energy and energy efficiency measures. The representatives of Chambers of Commerce, Sugar mill-owners and representatives of foreign and local power companies also attended the meeting. Sources close to the development claimed that during the Energy Roundtable, Telenor would present Letter of Intent (LOI) on Renewable Energy Projects and two MOUs would likely to be signed by Candy Land Group and government of Punjab for establishing a 50-MW power plant and between M/S Iran-Pak (SUNIR) and government of Punjab for energy projects. The chief minister said Pakistan is fighting against the menace of terrorism and on the one hand while the menace of load shedding on the other hand. Shahbaz Sharif termed the present power crisis as terrorism of loadshedding, which he said, is badly affecting the routine life of the common people and the business activities as well adding that it should be tackled like war on terror. He said the collective wisdom was needed to solve the issue of loadshedding in the country. He further said that the whole nation is united against the menace of loadshedding and terrorism. He also said that our economy has suffered a lot due to power shortage. He said that loadshedding has destroyed our export. It has also destroyed our agriculture sector because due to power shortage tube-wells were not working thus creating water shortage, which was ultimately destroying our crops, he maintained. He said the sugar industry would play an important role in solving the energy crisis by making electricity from biomass. He said the government has also adopted several measures for power conservation. Meanwhile, speaking on the occasion Federal Minister For Water And Power Raja Pervaiz Ashraf has said that after the energy conference called by Prime Minister Syed Yousaf Raza Gilani, the chief ministers of all the provinces played an important role in implementing the conservation plan as a result of which 1000MW was saved throughout the country. Today, he said, the country is facing the shortage of 5000MW electricity. He also said that country has the huge potential of generating electricity from hydel power but these projects would be completed in 8 to 10 years. He said the government is very serious in solving the energy crisis and had taken both the short and long-term measures for the solution of the crisis. Unfortunately, he said, the rental power project was the only short-term solution but it is very expensive. He said Pakistan has the huge potential of producing electricity from coal. He said that the country has the huge reserves of coal in Thar. He said that as the chief minister Punjab has said, We need a strong will to solve this energy crisis. He also said that the provincial and federal governments are working hand in hand to solve the biggest problem of loadshedding ever faced by the country.