ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved Technical Supplementary Grant (TSG) amounting to Rs52 billion for release to Central Power Purchasing Agency-Guarantee (CPPA-G) as Government equity in DISCOs and further approved re-appropriation of Rs97.649 billion from K-Electric to Inter-DISCO Tariff Differential Subsidy along with adjustment of TESCO TDS arrears claims of amount Rs44.198 billion.
The committee met under the chairmanship of the Federal Minister for Finance and Revenue, Muhammad Aurangzeb also approved a summary submitted by the Petroleum Division for extension in the validity of sovereign guarantees against the Rs50 billion financing facility obtained by Sui Northern Gas Pipelines Limited (SNGPL) from Meezan Bank Limited up to June 30, 2027.
The ECC approved two summaries submitted by the Ministry of Defence. The Committee approved a Technical Supplementary Grant (TSG) amounting to Rs1.289 billion for expenses relating to Independence Day and Marka-e-Haq Celebrations 2025. The ECC also approved a TSG amounting to Rs2 billion for the Marka-e-Haq Monument Project, Islamabad, to be executed by the Frontier Works Organisation (FWO).
The Committee also approved two summaries submitted by the Ministry of Information Technology and Telecommunication. These included a TSG amounting to Rs4.5 billion for completion of Phase-II of the Pakistan Asan Khidmat Centre, Islamabad, and re-appropriation of savings amounting to Rs911.2 million to the Smart Islamabad Initiative.
The ECC approved a summary submitted by the Prime Minister’s Inspection Commission for provision of a TSG amounting to Rs8.216 million to meet employee-related expenditure requirements.
The Committee further considered two summaries submitted by the Finance Division and approved a TSG amounting to Rs312.3 million for implementation of the incentive package for PAS and PSP officers serving in Balochistan and also approved discontinuation of the Telegraphic Transfer Charges Incentive Scheme (TTCIS) with effect from July 1, 2026.
The ECC also approved a summary submitted by the Ministry of Housing and Works for transfer of Rs793.7 million relating to the PSDP scheme for District Shangla to facilitate timely implementation of development initiatives.
The Committee also approved a summary submitted by the Ministry of Industries and Production authorising release of salary payments for Pakistan Steel Mills (PSM) from the already approved budgetary allocation for FY 2025-26 to ensure continuity of employee-related payments.
The ECC also approved a summary submitted by the Ministry of Maritime Affairs for provision of a TSG amounting to Rs600 million as the Federal Government’s share for installation of a Vessel Monitoring System in fishing boats across Pakistan.
The Committee considered a summary submitted by the Power Division and approved a TSG amounting to Rs52 billion for release to Central Power Purchasing Agency-Guarantee (CPPA-G) as Government equity in DISCOs and further approved re-appropriation of Rs97.649 billion from K-Electric to Inter-DISCO Tariff Differential Subsidy along with adjustment of TESCO TDS arrears claims of amount Rs44.198 billion.
The ECC further approved a summary submitted by the Ministry of Interior and Narcotics Control for provision of Rs250 million to Frontier Corps KP (North) to meet operational requirements and enhance its operational preparedness and overall security capabilities.
Copyright Business Recorder, 2026