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Mettis Global News
Mettis Global News
Mettis Global News

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ECC approves financial setoff mechanism for government owned IPPs

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July 16, 2021 (MLN): Economic Coordination Committee (ECC) on Friday approved the financial setoff mechanism for government-owned IPPs.

This means that the receivables and payables between government entities have been balanced against each other. This will result in reducing circular debt by Rs116 billion, Energy Minister Hamad Azhar said in a tweet.

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Posted on: 2021-07-16T14:01:00+05:00

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