ECC defers performance tests on HSD, heeding Punjab government's request

MG News | July 25, 2023 at 10:22 AM GMT+05:00

0:00

July 25, 2023 (MLN): The Economic Coordination Committee (ECC) on Monday after discussion approved the proposal of deferment of performance tests on HSD as required by the government of Punjab, according to a press release issued on the same day.

Additionally, the ECC also authorized the declaration of the Commercial Operation Date (COD) for Punjab Thermal Power (Pvt) Limited, contingent upon the successful completion of Commissioning Testing on Re-Gasified Liquefied Natural Gas (RLNG).

The committee further highlighted that in case of non-availability of RLNG fuel, PTPL shall be treated on forced outages under the PPA till the successful testing of the power plant on HSD fuel.

The meeting of ECC was presided by Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	184,129.58 798.69M	-1.97% -3702.50
ALLSHR	110,763.73 1,266.28M	-1.85% -2087.96
KSE30	56,278.51 173.32M	-2.19% -1261.46
KMI30	259,907.89 102.57M	-2.03% -5380.16
KMIALLSHR	71,198.64 822.49M	-1.72% -1247.03
BKTi	53,693.69 102.25M	-2.59% -1425.61
OGTi	37,589.24 28.20M	-2.72% -1052.27

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	70,580.00	0.00 0.00	320.00 0.46%
BRENT CRUDE	68.10	68.83 66.56	0.55 0.81%
RICHARDS BAY COAL MONTHLY	96.00	96.00 96.00	1.50 1.59%
ROTTERDAM COAL MONTHLY	102.75	103.25 101.30	2.25 2.24%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	63.50	0.00 0.00	-0.05 -0.08%
SUGAR #11 WORLD	14.14	14.30 14.07	-0.13 -0.91%