Replacement orders fetch cheaper rates.
The policy only applies to industries which are connected to the power grid and therefore have an alternative electricity source.
• Rate increase applicable to all consumers in Pakistan • Ministers blame PML-N govt for ‘unsustainable’ capacity payments to...
The proposed policy retains existing provisions governing investment abroad by resident firms for expansion of businesses.
Decision taken at Economic Coordination Committee meeting presided over by Finance Minister Dr Hafeez Shaikh.
The govt had sought the settlement of almost Rs300 billion worth of financial claims and counter-claims.
Pakistan has been importing 7.75 cargoes on average in February for the last four years.
Minister Dr Abdul Hafeez Shaikh will continue to be the chairman of the eight-member inter-provincial decision-making body.
Ogra has also granted virtual pipeline licences to two more companies to move their LNG through bowsers.
Cabinet body meets today as two suppliers default.
Bad governance is the overwhelming source of the debt build-up that is projected to cross the Rs2.8 trillion mark by June 30.
Official says govt has collected about 33pc higher than targeted revenue on petroleum products through the levy.
First-of-its-kind project to facilitate supply of natural gas mainly to off-grid consumers.
Headed by Nepra chief, the panel is required to submit its report in two weeks.
“Despite a difficult environment, the govt's credit profile is stable due to ongoing reforms and increasing policy effectiveness."
Two technical groups constituted to finalise integrated development plan on the pattern of the Karachi Transformation Plan.
Both applicants will arrange LNG imports without any liability to the government.
Increase allowed on account of monthly fuel cost adjustment for electricity consumed in October and November 2020.
The authority has decided to constitute a committee of professionals to ascertain the reasons behind the incident.
Prime Minister Imran Khan has reportedly expressed displeasure over non-filling of the posts in power companies.