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In this file photo, Federal Minister for Finance and Revenue Shaukat Tarin chairing a meeting of the Economic Coordination Committee of the cabinet. — PPI/File ISLAMABAD: With the power sector emerging as the country’s biggest economic challenge, the Economic Coordination Committee (ECC) of the Cabinet is set to take up today (Wednesday) at least four critical policy decisions including the payment of 40 per cent dues to the independent power producers (IPPs). The other items on agenda include arrangement of additional power from the national grid to K-electric, setting fresh principles f...

ISLAMABAD: The government on Friday anno­unced the financial closing of a 1,263-megawatt power project of the Punjab government to be located near Trimmu Barrage, Jhang. This is so far the largest RLNG-based power generation project in Pakistan and is being developed under Power Generation Policy 2015. The financial closing ceremony was witnessed by Minister for Energy Hammad Azhar and Punjab Energy Minister Dr Akhtar Malik. This was the major project that came under criticism during the PML-N tenure as various relevant government agencies considered it be over and above the needed capac...