US Embassy in Islamabad has expressed willingness to meet officials of Petroleum Division to explain to them the mechanism to cut a short-term cut rate deal for Russian crude oil
Power Division is likely to submit a summary to the ECC or Cabinet and will share updated position with respect to availability of funds for concessional tariff
Under OGRA’s Amended Act, there is a defined period of 40 days after determination of tariff by the regulator following which the determined tariff would automatically become applicable