CCE reviews Circular Debt Reporting Format developed by Power Division in consultation with NEPRA

News Image

By MG News | October 29, 2020 at 03:37 PM GMT+05:00

0:00

October 29, 2020: A meeting of the Cabinet Committee on Energy (CCOE) was held under the Chairmanship of Federal Minister for Planning, Development and Special Initiatives Asad Umar here in Islamabad on Thursday.

Cabinet Committee on Energy reviewed the Circular Debt Reporting Format developed by Power Division in consultation with NEPRA while approving the format the CCoE directed Power Division to workout detailed projections and mitigations strategies for Circular Debt build up as well monitor the implementation progress of the reform measures to minimize the Circular Debt buildup in the power sector.

Competitive electricity market introduction plan was also presented to the CCoE and it was decided that Power Division will present the detailed analysis of the market model and institutional reforms plan along with the timelines to CCoE for its approval. It was agreed that an efficient competitive wholesale market, that will reduce the cost of power for the customers, will be considered for implementation in the shortest possible time.

The meeting was attended by Minister for Energy Omar Ayub Khan, Federal Minister for Information and Broadcasting Shibli Faraz, Federal Minister for Industries and Production Hammad Azhar, Federal Minister for Maritime Affairs Ali Haider Zaidi, Advisor to Prime Minister Imran Khan on Finance Abdul Hafeez Sheikh, , SAPM on Petroleum Nadeem Babar, SAPM on Mineral Resources Shahzad Qasim and official of various divisions.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 133,403.19
324.46M
0.02%
33.04
ALLSHR 83,188.05
1,204.34M
0.13%
106.90
KSE30 40,651.46
104.88M
-0.13%
-53.85
KMI30 192,083.92
123.92M
-0.26%
-496.76
KMIALLSHR 55,847.70
679.22M
0.02%
11.98
BKTi 36,422.88
17.65M
0.29%
105.71
OGTi 28,437.61
10.77M
-0.37%
-105.35
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,330.00 109,685.00
107,680.00
875.00
0.81%
BRENT CRUDE 70.11 70.68
69.03
0.53
0.76%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.05
2.15%
ROTTERDAM COAL MONTHLY 106.65 106.65
106.25
0.50
0.47%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.30 68.91
67.33
0.37
0.54%
SUGAR #11 WORLD 16.15 16.37
16.10
-0.13
-0.80%

Chart of the Day


Latest News
July 08, 2025 at 11:29 PM GMT+05:00

PIA bidders shortlisted, Roosevelt JV gets green light


July 08, 2025 at 05:29 PM GMT+05:00

Money Link Exchange shuts down operations


July 08, 2025 at 04:41 PM GMT+05:00

Gold price in Pakistan rises Rs1,500 per tola


July 08, 2025 at 04:25 PM GMT+05:00

CCP clears 69 M&A deals in FY25



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg