Bypasses ministry to allow Punjab to undertake four development projects

Plans to remove dollar indexation for rate of return

Calls for setting up commission to investigate windfall gains made by importers

Minister says takeover of liabilities conditional on bringing private management

Says high taxes and capacity payments are contributing to rising circular debt

In October 2018, Saudi Arabia had announced a $6 billion bailout package for Pakistan’s ailing economy

Says export-oriented sector is already getting energy supply at discounted rates

State Department was investigating two oil shipments of refinery allegedly from Iran

Petroleum Division says new formula of weighted average gas can rescue oil, gas firms

Also recommends Indicative Generation Capacity Expansion Plan for presentation to cabinet