Pakistan-Russia talks and North-South Gas Pipeline Project dnd.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dnd.com.pk Daily Mail and Mail on Sunday newspapers.
The Cabinet Committee on Energy (CCoE) on Thursday extended the flat electricity tariff to industrial consumers without the application of expensive peak-charges despite concerns of the Power Division. Reuters/File
ISLAMABAD: The Cabinet Committee on Energy (CCoE) on Thursday extended the flat electricity tariff to industrial consumers without the application of expensive peak-charges despite concerns of the Power Division.
Also it could not resolve a dispute between the power regulator and the Power Division over the future of about 100 Alternative and Renewable Energy (ARE) projects.
The meeting of CCoE was presided over by Minister for Planning, Development and Special Initiatives Asad Umar. The CCoE had abolished on Nov 2, 2020 the Time-of-Use (ToU) tariff scheme for industrial consumers. Under this, the peak and off-peak tariff structure was abolished only till April 30, 2021 and a review was to be carried out by March 31, 2021 for its continuation or otherwise beyond April
The representatives of the Mari Petroleum Company suggested to the government to prioritise the offshore blocks in the upcoming bidding round. Reuters
ISLAMABAD: The petroleum exploration and development companies on Thursday asked the government to improve the working environment for oil and gas exploration activities by addressing issues relating to security, revocation of their existing blocks and procurement rules.
At a round-table meeting with chief executives of the local and foreign exploration companies, a government team led by Minister for Energy Omar Ayub Khan, was also suggested to prioritise offering offshore blocks for auction in the next bidding round to attract more international exploration firms.
Pakistan, Japan agree to further expand economic cooperation dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.