ECC

PM Khan briefs cabinet regarding latest situation after Pakistan and India engage in tit-for-tat airstrikes

Electricity will be produced by the fourth 1,263MW LNG-based plant

Project with 1,263MW capacity is being set up in Jhang district

Airline’s loss has hit Rs414b, CEO Malik informs committee

Petroleum Division prepares summary on the project for review in ECC meeting

ECC directs Ministry of Energy to prepare plan for supply of 740MW of electricity and 170 mmcfd of gas

Immunity applications will only be looked into after the indictment, says court

Allows replacement of the sponsor of 300MW Gwadar power plant of CPEC

Puts off decision on giving exemption from PPRA rules for import of oil products from Azerbaijan

Approves grant of $82.6 million for Pakistan Poverty Alleviation Fund

The committee allows to inject around 160 mmcfd per day re-gasified LNG volumes in the SNGPL systems

Allows import of cotton from Afghanistan to bridge shortfall

Meeting to be chaired by Finance Minister Asad Umar

Ministry asks govt not to intervene and let market forces determine prices

Committee also allows import of 50,000 tons of urea fertiliser to meet requirements in Rabi season

Average electricity price to increase by at least Rs1.20 per unit or 10.3% to Rs12.91

Power Division fails to come up with plan for loss reduction, improved governance

ECC’s upcoming meeting will consider proposal to approve an increase of up to 26% in power tariff

ECC approves to supply subsidised gas to five sectors that will cost taxpayers Rs63.5 billion

ECC approves supply of subsidised gas to five export-oriented sectors

Price being revised due to rise in power generation cost and net hydel profit payment

Directs Petroleum Division to come up with a document covering all aspects

Directs adviser on commerce to come up with proposals for price stability

Price revision is unavoidable; both govt and consumers have to make sacrifices

Will also approve formation of Assets Recovery Unit to bring back looted public money

Says his party will not allow appointment of an Ahmadi to a key post

ECC failed to devise a mechanism to curb circular debt, which now stands at almost Rs600 billion

Electricity tariffs could go up by Rs15 per unit, meeting told

Wants solutions to issue of circular debt before providing relief and bailouts

State-run company facing financial trouble due to high receivables

As any member of the government should know there are only two good days on the job: the first day and the last day

ECC permanently lifts curbs on sugar exports, allows import of up to 5-year-old electric cars

Govt will ask NEPRA to add 55 paisa per unit to consumer tariff to cover the cost of debt

Enhances sovereign guarantee to Rs195b to help the carrier keep flying

PM says accumulation of circular debt is taking its toll on federal government

Any hike in margins will push up gas prices, put burden on industrial consumers

Also approves tariff for 427km oil pipeline from Punjab to Khyber-Pakhtunkhwa

Development comes as govt remains committed to keeping exports competitive

Govt will borrow and immediately pay Rs80b to power producers, fuel suppliers

"The scandal is that there are no answers".

Cabinet body authorises CPPA-G to sign deal for revised payment terms for generation on RLNG

Exempts from tax the import of construction material for CPEC project

Since 2005, PIA has incurred accumulated losses of Rs316 billion as of December 2016

Approves sale of environment-friendly Euro-IV and Euro-V diesel in Pakistan

Cabinet’s key committee will have nine regular members

Also exempts Matiari-Lahore power transmission line from various taxes

Dar argues export quota already allocated has not been fully utilised yet

Rollover of Rs47 billion circular debt, tax exemptions on key project among pending issues

Ministry withdraws summary, ECC lowers WHT on banking transactions for non-filers

Petitioners allege discrimination in drafting the request for proposals