ISLAMABAD: The Economic Coordination Committee of the cabinet (ECC) on Friday approved installation of Regasified Liquified Natural Gas (RLNG) based power projects in the range of 100-250 MW and having cumulative capacity of 1000 MW in the private sector.The meeting of the ECC was held here under chairmanship of Finance Minister Ishaq Dar.
The ECC, after detailed deliberations, approved proposal of Ministry of Water and Power for initiative of installation of RLNG-based power projects.
On a proposal submitted by the Ministry of Petroleum and Natural Resources, the ECC considered and approved an amendment in the relevant provision of the LNG Policy 2011 to ease out the technical hurdles in LNG supply chain for smooth supply of the product, says a statement issued by the Ministry of Finance.
On a proposal of the Ministry of Ports and Shipping regarding grant of engineering procurement construction (EPC) contracts to Chinese firm(s) under the framework agreement between governments of Pakistan and China, the ECC constituted a committee to examine the applicability of Rule 5 of Public Procurement Regulatory Authority (PPRA) Rules 2004.
The ECC also considered and approved a proposal put forth by the Privatisation Division for grant of two months salaries to employees of Pakistan Steel Mills (PSM).
The ECC directed PSM to consider pursuing its request to national tariff commission for imposition of anti-dumping duties which it had filed with the commission sometime ago.
The ECC approved the proposal submitted by Ministry of States and Frontier Regions for provision of 124,000 metric tons of wheat costing Rs 4.977 billion to temporary displaced persons (TDPs) in FATA and KP through World Food Program (WFP) apparatus.
DAILY TIMES
YEMI
0 comments:
Post a Comment