Finance Minister chairs CCOE meeting

Islamabad, March 13, 2019: The meeting of Cabinet Committee on Energy (CCOE) was held, chaired by Finance Minister Asad Umar, here today.

The Committee considered various proposals to make recovery on fast track basis from defaulters of the power sectors. It stressed the need to continue campaign against the defaulters.

The Committee decided that Power Division and Ministry of Finance would jointly work out a notification based policy for the facilitation of consumers. Such policy will help curbing irregularities in the power sector.

The Committee reviewed Slabs of Gas Billing for Domestic Consumers. The Finance Minister directed the Ministry of Petroleum to review the inflated bills so as to reduce burden on consumers. He said that the Prime Minister Imran Khan has already ordered to refund the amount charged from natural gas consumers through inflated bills. He asked the Petroleum Division to adjust the inflated bills in future billing.

Petroleum Division informed the Committee about the revenue shortfall being faced by the gas companies. 

The Committee agreed to deliberate upon the issue of revenue shortfall in the ECC meeting.