The government has decided to meet the required demand of High Sulphur Furnace Oil (HSFO) for power plants in the country due to the extremely hot weather in the summer season.
The Cabinet Committee on Energy (CCOE) also discussed the HSFO demand for power plants in the country especially in the KE system & approved the measures suggested by the Petroleum Division for ensuring the required supply.
A meeting of CCOE was held under the Chairmanship of Federal Minister for Planning, Development and Special Initiatives (PDSI) Asad Umar.
The CCoE was briefed on the current situation of 1124 MW Kohala and 700 MW Azad Pattan Hydropower projects and the signing of a project agreement under Power Generation projects 2002 and the CPEC framework.
The cabinet committee approved the proposals submitted by the ministry and directed that other related matters such as timely availability of evacuation facilities may also be ensured. The committee emphasized that the cabinet decision relating to water usage charges, agreed with the Government of AJK shall be adhered to.
CCoE also discussed the proposals of the Petroleum Division regarding the sustainable supply chain of LPG in the country & constituted a committee under Deputy Chairman Planning Commission Mohammad Jhanzeb khan to prepare a plan of action within 15 days, which will be presented to and CCoE for approval.
The meeting was attended by Advisor to Prime Minister on Finance and Revenue Abdul Hafeez Sheikh, Federal Minister for Information and Broadcasting Shibli Faraz, Minister for Energy Omar Ayub Khan, SAPM on Petroleum Nadeem Babar, SAPM on Mineral Resources Shahzad Qasim and official of various divisions.
Most expensive electricity generation in the whole world…