AGL 24.24 Increased By ▲ 0.77 (3.28%)
AIRLINK 107.70 Increased By ▲ 1.59 (1.5%)
BOP 5.12 Decreased By ▼ -0.05 (-0.97%)
CNERGY 3.63 Decreased By ▼ -0.03 (-0.82%)
DCL 7.32 Decreased By ▼ -0.48 (-6.15%)
DFML 42.10 Decreased By ▼ -2.09 (-4.73%)
DGKC 88.80 Increased By ▲ 0.30 (0.34%)
FCCL 21.75 No Change ▼ 0.00 (0%)
FFBL 41.85 Decreased By ▼ -0.67 (-1.58%)
FFL 8.61 Decreased By ▼ -0.14 (-1.6%)
HUBC 148.75 Increased By ▲ 0.95 (0.64%)
HUMNL 10.14 Decreased By ▼ -0.11 (-1.07%)
KEL 4.28 Decreased By ▼ -0.06 (-1.38%)
KOSM 3.59 Decreased By ▼ -0.20 (-5.28%)
MLCF 36.20 Decreased By ▼ -0.20 (-0.55%)
NBP 47.75 Decreased By ▼ -1.55 (-3.14%)
OGDC 129.10 Decreased By ▼ -1.75 (-1.34%)
PAEL 25.75 Decreased By ▼ -0.20 (-0.77%)
PIBTL 6.00 Decreased By ▼ -0.05 (-0.83%)
PPL 113.65 Decreased By ▼ -0.90 (-0.79%)
PRL 22.30 Decreased By ▼ -0.30 (-1.33%)
PTC 12.10 Decreased By ▼ -0.27 (-2.18%)
SEARL 54.98 Decreased By ▼ -0.72 (-1.29%)
TELE 7.11 Decreased By ▼ -0.14 (-1.93%)
TOMCL 37.11 Increased By ▲ 0.71 (1.95%)
TPLP 7.76 Decreased By ▼ -0.19 (-2.39%)
TREET 15.00 Decreased By ▼ -0.29 (-1.9%)
TRG 55.54 Decreased By ▼ -1.16 (-2.05%)
UNITY 31.20 Decreased By ▼ -0.65 (-2.04%)
WTL 1.15 Decreased By ▼ -0.02 (-1.71%)
BR100 8,248 Decreased By -46.7 (-0.56%)
BR30 25,878 Decreased By -223.8 (-0.86%)
KSE100 78,030 Decreased By -439.8 (-0.56%)
KSE30 25,084 Decreased By -114.2 (-0.45%)

ISLAMABAD: A meeting of the Cabinet Committee on Energy (CCoE) directed the Power Division to incorporate the agreed recommendations and submit the same to the Cabinet and following it, the policy would be presented to the Council of Common Interest (CCI) for final approval. The CCoE met with Federal Minister for Planning, Development and Special Initiatives Asad Umar in the chair at P-Block Secretariat on Thursday.

The meeting was informed that the proposed policy was aimed at ensuring universal access of electricity through a self-sustainable power sector, developed and premised on: optimal utilization of indigenous resources; integrated planning approach; efficient and liquid market design; and, affordable and environment-friendly outcome for the consumers. The secretary Power Division briefed the CCoE on the salient features of the policy including its principle objectives and details of the proposed actions.

Representatives from the provincial governments also participated in the meeting.

According to the sources, the secretaries of all the provinces presented their proposals and recommendations on the meeting.

The CCoE accepted their proposals and incorporated them in the policy.

After detailed discussion and taking into account the observation and suggestions of the representatives of the provincial governments, the Committee directed the Power Division to incorporate the agreed recommendations and submit the same to the Cabinet. Following Cabinet endorsement, the policy would be presented to the CCI for final approval.

The meeting was attended by Minister for Energy Omar Ayub Khan, Federal Minister for Information and Broadcasting Shibli Faraz, SAPM on Petroleum Nadeem Babar, Secretary Energy Punjab, Secretary Energy KP, Secretary Energy Sindh, Secretary Energy Balochistan, and officials of various divisions.

Copyright Business Recorder, 2021

Comments

Comments are closed.