diff --git a/projects/generate b/projects/generate
--- a/projects/generate
+++ b/projects/generate
@@ -31,6 +31,7 @@ fi
 
 # First, collect the list of Windows files
 sdl_config="1"
+png_config="1"
 os="MSVC"
 enable_dedicated="0"
 with_cocoa="0"
@@ -52,6 +53,7 @@ load_main_data() {
 			deep += 1;
 
 			if ($0 == "SDL"         && "'$sdl_config'" == "")          { next; }
+			if ($0 == "PNG"         && "'$png_config'" == "")          { next; }
 			if ($0 == "OSX"         && "'$os'" != "OSX")               { next; }
 			if ($0 == "OS2"         && "'$os'" != "OS2")               { next; }
 			if ($0 == "PSP"         && "'$os'" != "PSP")               { next; }