AGL 5.64 Decreased By ▼ -0.14 (-2.42%)
ANL 8.88 No Change ▼ 0.00 (0%)
AVN 75.84 Decreased By ▼ -3.08 (-3.9%)
BOP 5.22 Decreased By ▼ -0.06 (-1.14%)
CNERGY 4.66 Decreased By ▼ -0.04 (-0.85%)
EFERT 81.20 Decreased By ▼ -0.40 (-0.49%)
EPCL 50.28 Decreased By ▼ -0.63 (-1.24%)
FCCL 13.19 Decreased By ▼ -0.19 (-1.42%)
FFL 5.69 Decreased By ▼ -0.03 (-0.52%)
FLYNG 7.06 Decreased By ▼ -0.09 (-1.26%)
FNEL 4.80 Decreased By ▼ -0.02 (-0.41%)
GGGL 8.82 Decreased By ▼ -0.08 (-0.9%)
GGL 14.55 Decreased By ▼ -1.33 (-8.38%)
HUMNL 5.70 Decreased By ▼ -0.07 (-1.21%)
KEL 2.60 Decreased By ▼ -0.06 (-2.26%)
LOTCHEM 28.73 Decreased By ▼ -0.32 (-1.1%)
MLCF 24.50 Decreased By ▼ -0.60 (-2.39%)
OGDC 71.80 Decreased By ▼ -0.65 (-0.9%)
PAEL 15.09 Decreased By ▼ -0.26 (-1.69%)
PIBTL 5.00 Decreased By ▼ -0.05 (-0.99%)
PRL 15.95 Decreased By ▼ -0.34 (-2.09%)
SILK 1.07 Decreased By ▼ -0.02 (-1.83%)
TELE 9.24 Decreased By ▼ -0.13 (-1.39%)
TPL 7.20 Decreased By ▼ -0.13 (-1.77%)
TPLP 18.50 Decreased By ▼ -0.45 (-2.37%)
TREET 21.70 Decreased By ▼ -0.30 (-1.36%)
TRG 133.00 Decreased By ▼ -8.15 (-5.77%)
UNITY 16.65 Decreased By ▼ -0.37 (-2.17%)
WAVES 9.80 Decreased By ▼ -0.10 (-1.01%)
WTL 1.40 Decreased By ▼ -0.01 (-0.71%)
BR100 4,206 Decreased By -48.9 (-1.15%)
BR30 15,372 Decreased By -360.4 (-2.29%)
KSE100 42,065 Decreased By -328.8 (-0.78%)
KSE30 15,527 Decreased By -136.6 (-0.87%)
Follow us

ISLAMABAD: Minister of Energy Hammad Azhar on Friday tweeted that the Pakistan Tehreek-e-Insaf (PTI) government introduced two key energy reforms.

First, the law that allows the government to price in imported gas for domestic supplies has been passed by the Assembly. It will now be sent to the Senate. This is a historic and a much-needed reform that will ensure energy security of the country.

Energy sector reforms: $300m received from ADB

Second, a few months ago, we passed the IGCEP framework from the CCI. That ensures that the government will only sign new contracts for electricity when required and only through a competitive and transparent process.

This too is a key reform away from previous practice of controversial procurements.

Copyright Business Recorder, 2022

Comments

Comments are closed.

PTI govt has introduced two key energy reforms: minister

Intra-day update: rupee maintains positive momentum against US dollar

Disasters cost $268bn in 2022: Swiss Re

PM for implementation of agreement reached at COP27

Flood relief activities: ‘Pakistan has received $738.53m foreign aid so far’

US brands South Asian Al-Qaeda, TTP militants as global terrorists

Jul-Nov trade deficit shrinks 30.14pc to $14.406bn YoY

Deemed income on capital assets: Taxpayers required to file new form separately

PRL barred from shutting down this month

No curbs on oil, LNG and POL products’ LCs: SBP

HSD, SKO & LDO: PL increased to generate Rs36.199bn