The PTI government announced that there will be no shortage of gas in the country during winter season. It simply means that there will be no load shedding during December – February cold period. The decision in this regard is taken by the Economic Coordination Committee of the Cabinet (ECC) in its meeting in Islamabad. The federal finance minister Asad Umar chaired the ECC meeting.
The ECC also made important decision to provide gas to the Tandoors who make rootis on previous rates. The recent increase in gas prices will not be applicable to the Tandoors. This decision will provide much needed relief to the general public as they will continue to buy rootis and naans on current prices.
The Tandoor owners announced to increase the prices of Rootis and naans as gas prices increased by the government. The decision has been taken in view of the concerns that the increase in gas prices was leading to increase in the prices of tandoori roti and naan.
Earlier the ECC was given a presentation by Secretary Petroleum Division on Winter Gas Load Management Plan. The ECC also allowed Sui Northern Gas Pipeline (SNGPL) to utilize RLNG in the system for consumption by domestic and commercial consumers, to manage the load.
The gas utilities will be allowed volumetric adjustment and financial impact on cost neutral basis in accordance with the ECC’s decision of May 11, 2018. The meeting also approved government guarantee to National Power Parks Management Company (Pvt) Ltd (NPPMCL) to raise loan of Rs 38.00 billion from financial institutions to meet remaining cost of its two power plants. ECC gave approval in principal to Ministry of Energy (Power Division) to raise Islamic financing for the power sector through Power Holding (Pvt) Limited.
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22 August, 2019