In an unceremonious exit, Special Assistant to the Prime Minister on Power (SAPM) Tabish Gohar despatched his resignation to PM Imran Khan from Dubai. Photo courtesy: Twitter/File
ISLAMABAD: In an unceremonious exit, Special Assistant to the Prime Minister on Power (SAPM) Tabish Gohar despatched his resignation to PM Imran Khan from Dubai, informed official sources confirmed.
Gohar is the second technocrat to leave the post of SAPM on Power within a quarter as chronic power sector challenges continue to haunt the government. Earlier, Shahzad Qasim had resigned in the first week of November after he was sidelined from the Power Division and asked to focus only on mineral marketing.
There is no point in developing a competitive energy market if the accounts of poorly managed and efficient Discos are to be integrated to ensure a uniform tariff. File photo
The Economic Coordination Committee (ECC) of the cabinet decided in a recent meeting to begin the process for the rationalisation of subsidies a long-time demand of global lending agencies led by the International Monetary Fund (IMF).
The decision was based on a presentation made by Dr Waqar Masood Khan, who headed a Subsidy Cell in the Ministry of Finance before being elevated as special assistant to the prime minister on revenue. Dr Khan is reported to have estimated that the action plan proposed for the first phase of subsidy rationalisation plan covering energy, national food security and national savings could provide a benefit of Rs488 billion per annum.
The federal cabinet would be starting on Tuesday the process for appointment of regular/fulltime chief executive officers (CEOs) of power distribution companies (Discos) and approve selection of managing directors of two gas utilities. PPI/File
ISLAMABAD: After more than two years in office, the federal cabinet would be starting on Tuesday the process for appointment of regular/fulltime chief executive officers (CEOs) of power distribution companies (Discos) and approve selection of managing directors of two gas utilities.
This comes on the heels of over Rs2.3 trillion circular debt in the power sector as of Sept 30, 2020, and about Rs350bn circular debt in the gas utilities Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) up from Rs1.2tr and about Rs120bn in 2018, respectively.
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