AIRLINK 155.00 Increased By ▲ 4.75 (3.16%)
BOP 9.92 Decreased By ▼ -0.20 (-1.98%)
CNERGY 7.15 Decreased By ▼ -0.27 (-3.64%)
CPHL 78.24 Increased By ▲ 7.11 (10%)
FCCL 46.66 Increased By ▲ 0.95 (2.08%)
FFL 14.20 Decreased By ▼ -0.14 (-0.98%)
FLYNG 40.30 Increased By ▲ 3.15 (8.48%)
HUBC 136.60 Decreased By ▼ -1.75 (-1.26%)
HUMNL 12.50 Decreased By ▼ -0.04 (-0.32%)
KEL 4.39 Decreased By ▼ -0.17 (-3.73%)
KOSM 5.05 Increased By ▲ 0.06 (1.2%)
MLCF 73.25 Increased By ▲ 3.60 (5.17%)
OGDC 214.50 Increased By ▲ 11.49 (5.66%)
PACE 5.25 Decreased By ▼ -0.13 (-2.42%)
PAEL 44.72 Increased By ▲ 0.48 (1.08%)
PIAHCLA 14.80 Increased By ▲ 1.35 (10.04%)
PIBTL 8.55 Decreased By ▼ -0.07 (-0.81%)
POWER 15.08 Increased By ▲ 0.10 (0.67%)
PPL 167.10 Increased By ▲ 14.35 (9.39%)
PRL 27.95 Increased By ▲ 0.93 (3.44%)
PTC 19.00 Decreased By ▼ -0.29 (-1.5%)
SEARL 80.00 Increased By ▲ 4.94 (6.58%)
SSGC 31.80 Increased By ▲ 1.34 (4.4%)
SYM 14.12 Increased By ▲ 0.17 (1.22%)
TELE 6.76 Decreased By ▼ -0.15 (-2.17%)
TPLP 8.19 Increased By ▲ 0.19 (2.38%)
TRG 61.50 Decreased By ▼ -0.40 (-0.65%)
WAVESAPP 9.10 Increased By ▲ 0.16 (1.79%)
WTL 1.28 Decreased By ▼ -0.04 (-3.03%)
YOUW 3.57 Decreased By ▼ -0.16 (-4.29%)
BR100 12,488 Increased By 85.4 (0.69%)
BR30 36,474 Increased By 914.7 (2.57%)
KSE100 117,529 Increased By 230.8 (0.2%)
KSE30 36,021 Increased By 181.7 (0.51%)

ISLAMABAD: The federal government is likely to constitute a high-level committee to find out a political solution for rates of electricity being supplied to consumers of Azad Jammu & Kashmir (AJ&K), Water Usage Charges (WUC) and control of grid stations, as the public sector stakeholders have not reached any amicable solution to the issue, well-informed sources told Business Recorder.

This decision was taken at meeting held in Ministry of Kashmir Affairs & Gilgit-Baltistan under the lead role of Secretary, KA&GB Division on May 22, 2024 convened to discuss the outstanding issues of Water Usage Charges of AJ&K.

Secretary, Water Resources Division, Secretary, Power Division and Chief Secretary AJ&K also attended the meeting.

PM for implementation of ‘understanding’ with AJK

Secretary, KA&GB noted that the meeting was convened on the direction of the Prime Minister of Pakistan Shehbaz Sharif and recalled that the issue of Water Usage Charges of AJ&K along with related matters were also deliberated in the Inter-Ministerial Committee meetings held under Minister for Defence during caretaker government and some background work had already been done.

He stated that the deliberations could not remain conclusive due to divergent stances, primarily between the Governments of AJ&K, Ministry of Water Resources and Power Division.

He also recalled that two preparatory meetings were also held in Ministry of KA&GB on May 15, 2024 and May 16. 2024 to discuss the core issue of a mutually agreeable draft bilateral Agreement to be signed between Govt of AJ&K and Govt of Pakistan (M/o Water Resources) and some headway had been achieved. However, the core issue of bilateral Agreement remains to be resolved.

Copyright Business Recorder, 2024

Comments

Comments are closed.