Federal Minister for Planning, Development and Special Initiatives Asad Umar chaired a meeting of the Cabinet Committee on Energy (CCOE) on Wednesday.
Secretary Power Division briefed the committee about the implementation status of the decisions taken in the last CCOE meeting. The committee noted the position and directed that the approved measures may be implemented as per the timelines.
Power Division also briefed the meeting on various actions taken to improve governance in the power sector. CCOE directed Power Division to submit a formal summary to the CCOE containing proposals for further reforms in the sector’s governance structure.
The committee will reconvene on Friday, to take up the remaining agenda items pertaining to competitive markets for electricity and the impact of COVID-19 Pandemic on the energy sector.
Members of the CCOE including Ministers for Railways Sheikh Rasheed, Minister for Energy Omar Ayub, Advisor on Finance Hafeez Sheikh, Advisor for Commerce and Investment Abdul Razak Dawood, SAPM on Petroleum Nadeem Babar, and officials from the Power Division and NEPRA were also present.
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