Government aiming to separate transmission, distribution businesses to bring efficiency and reduce losses

Also gave approval for laying new gas pipelines, electrification schemes for villages

Rates linked with changes in global oil prices which slumped by over 50% in recent past.

Two of the four shortlisted candidates are OGDCL’s contractors

Amount was given as incentive for early completion, deadline will now be missed

Both sides also agree to negotiate on the 600MW Jamshoro gas-powered plant upgrade

Secretary Dagha claims country will have 1,224MW in surplus at the time of next general elections

K-Electric, agricultural consumers will not get the Rs26b relief

Lawmakers call for review of Indus Waters Treaty which favours Delhi

Petroleum ministry receives OGRA’s summary for an upward revision in oil prices