Asks Pakistan to nominate entities to go ahead with the project.

Inefficient captive power plants may also face disconnection.

Gas prices for power plants will be maintained at their current level in order to keep the power tariff low.

Project costing $9.5b will be built with Chinese assistance.

Cites security risks in Afghanistan as the reason to part from a project dear to the US .

Court had suspended the cess, citing procedural lapses.

Regulator also imposes ban on new gas development schemes, reduces UFG ceiling to 4.5%.

Price of HSD slashed, providing some relief to consumers.

Move will give independent boards more power to hire and fire CEOs.

The prices of HSD, LDO and kerosene are to be slashed by Rs1.46, Rs0.07 and Rs0.38 per litre, respectively.