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ISLAMABAD: The Power Division on Thursday presented the summaries of National Electricity Plan (NEP) 2021 and Indicative Generation Capacity Expansion Plan (IGCEP) before the Cabinet Committee on Energy (CCOE).

A meeting of CCOE was held under the chairmanship of Federal Minister for Planning, Development and Special Initiatives Asad Umar.

The CCOE endorsed and recommended the National Electricity Plan and Indicative Generation Capacity Expansion Plan (IGCEP) for presentation to the Cabinet.

The Ministry of Energy was advised to include the opinion of the Law Division on certain observations raised by the participants during the meeting.

Umar said the policy and the plan will provide the basis for a sustainable competitive electricity market in the country.

The meeting was attended by minister for energy, minister for maritime affairs, advisor on commerce, and SAPM on power, petroleum & revenue. Representatives of regulatory authorities and officials of provincial governments also participated in the meeting.

Copyright Business Recorder, 2021