CCI approves privatisation plan for Haveli Bahadur Shah and Balloki power projects

Published November 19, 2018
The Haveli Bahadur Shah RLNG power plant has a capacity to produce  1,230 MW. —Dawn Archives
The Haveli Bahadur Shah RLNG power plant has a capacity to produce 1,230 MW. —Dawn Archives

The Council of Common Interests (CCI) on Monday approved a proposal to include 1,230 MW Haveli Bahadur Shah and 1,223 MW Balloki power projects in the active list of the privatisation programme for early implementation.

The CCI meeting, held in Islamabad with Prime Minister Imran Khan in the chair, emphasised upon the need for greater focus towards renewable energy in existing energy mix, Radio Pakistan reported.

In October, the Cabinet Committee on Privatisation (CCoP) had approved sell-off of the newly established 1,233-megawatt RLNG-based Balloki Power Plant and 1,230MW Haveli Bahadur Power Plant.

Last week, the Privatisation Commission had asked the National Power Parks Company (NPPC) to submit a working paper on its feasibility.

The Balloki and Haveli Bahadur plants would either be privatised as a bundle package or as separate entities, and the working paper to be prepared by the NPPC will identify timelines, justifications and issues ancillary to it for consideration of the Privatisation Commission board and the cabinet committee on privatisation.

Editorial: Opposition to privatisation

The participants of the meeting decided to further improve the ease of doing business in the country in order to attract investments and to promote industries so that it could truly benefit from the export potential.

The meeting also discussed the issue of rapid population growth of the country which currently stands at 207.8 million with a growth rate of 2.4% per annum.

It was decided to constitute national and provincial task forces, to be headed by the prime minister at the federal level and by the respective chief ministers at the provincial levels.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Defining extremism
Updated 18 Mar, 2024

Defining extremism

Redefining extremism may well be the first step to clamping down on advocacy for Palestine.
Climate in focus
18 Mar, 2024

Climate in focus

IN a welcome order by the Supreme Court, the new government has been tasked with providing a report on actions taken...
Growing rabies concern
18 Mar, 2024

Growing rabies concern

DOG-BITE is an old problem in Pakistan. Amid a surfeit of public health challenges, rabies now seems poised to ...
Provincial share
Updated 17 Mar, 2024

Provincial share

PPP has aptly advised Centre to worry about improving its tax collection rather than eying provinces’ share of tax revenues.
X-communication
17 Mar, 2024

X-communication

IT has now been a month since Pakistani authorities decided that the country must be cut off from one of the...
Stateless humanity
17 Mar, 2024

Stateless humanity

THE endless hostility between India and Pakistan has reduced prisoners to mere statistics. Although the two ...