Divestment of Heavy Electrical Complex complete - Business
Privatisation minister expresses hope the move will result in increased productivity, new employment, tax revenue and forex earnings.
Source: dawn.com
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ECC exempts three Punjab power plants from LNG purchase - Newspaper
• Customs duty on cotton yarn imports withdrawn • Kapco removed from privatisation list ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday exempted three Punjab-based power plants of 3,900 megawatts from compulsory purchases of liquefied natural gas (LNG) quantities from January 2022, removed a major power plant from privatisation list and withdrew customs duty on import of cotton yarn. The meeting presided over by Minister for Finance, Revenue, Industries and Production Muhammad Hammad Azhar also approved a Rs11.7 billion supplementary grant for financing ...
Source: dawn.com