Company, power ministry to decide on modalities, capital injection.

Will wait for normalisation of relations between Tehran and Washington.

Govt decides to pass full impact of price revision on to consumers.

Plan comes in the face of mounting pressure on foreign reserves.

Increases petroleum levy to absorb impact of price reduction.

Petroleum rates may be reduced by up to Rs5.27 per litre.

Considering technical audit to determine status of machinery and plants.

Government to guarantee Rs2b loan for PIA.

Increase prices on basis of gas cess not applicable to them.

Engro will set up handling facility, bring first consignment by November.