CCOE directs to expedite finalisation of renewable energy policy

By MG News | May 05, 2020 at 10:02 AM GMT+05:00

0:00

May 5, 2020: A meeting of the Cabinet Committee on Energy was held in Islamabad today with Minister for Planning, Development and Special Initiatives Asad Umar in the chair.

The meeting was apprised about the progress on the formulation and approval of the Renewable Energy Policy and the introduction of competitive bidding process for the entry of new producers in the renewable energy sector of Pakistan.

The CCOE directed the Power Division to expedite the process and report back to the committee. The committee also approved the proposals of the Ministry of Power regarding the placement of various project companies in their respective categories on the basis of already specified criteria.

The CCOE also reviewed steps being taken regarding the governance improvement of the power sector.

Ministers for Railways, Energy, Maritime Affairs, Finance Advisor, Special Assistant to on Petroleum, and officials from the Power, Petroleum, Finance, Maritime Division and NEPRA were also present in the meeting.

Radio Pakistan

Related News

Name	Price/Vol	%Chg/NChg
KSE100	125,627.31 258.99M	1.00% 1248.25
ALLSHR	78,584.71 1,142.41M	1.16% 904.89
KSE30	38,153.79 69.25M	0.63% 238.06
KMI30	184,886.50 91.38M	0.01% 13.72
KMIALLSHR	53,763.81 554.57M	0.54% 290.61
BKTi	31,921.68 33.15M	1.78% 557.94
OGTi	27,773.98 9.65M	-0.40% -112.21

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,130.00	109,565.00 107,195.00	645.00 0.60%
BRENT CRUDE	66.71	67.20 65.92	-0.09 -0.13%
RICHARDS BAY COAL MONTHLY	97.00	97.00 97.00	1.05 1.09%
ROTTERDAM COAL MONTHLY	107.65	107.65 105.85	1.25 1.17%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	65.07	65.82 64.50	-0.45 -0.69%
SUGAR #11 WORLD	16.19	16.74 16.14	-0.52 -3.11%