ECC to Consider Financial Settlement of Payables for Govt-owned Power Plants

The Economic Coordination Committee (ECC) of the Cabinet will consider a summary regarding the financial settlement of payables to government-owned power plants on par with the settlement with IPPs on Thursday.

It will deliberate over a 12-point agenda related to the summaries presented by the Finance Division, Aviation Division, Defence, the Election Commission of Pakistan, Housing & Works, Industries and Production, and the Power Division, an official source told ProPakistani.

The Economic Coordination Committee of the Federal Cabinet will discuss and deliberate on the request of the Finance Division for expanding the Kamyab Pakistan Program.

As per the agenda, the ECC will consider a summary from the Aviation Division for the provision of additional funds through a supplementary grant during the fiscal year (FY) 2021-22 under demand No. 14 Airport Security Force. Another summary from the division for the provision of additional funds through a supplementary grant during FY 21-22 under demand No. 13 will be discussed by the ECC in its meeting.

The Power Division will submit a summary about the financial settlement of payables to government-owned power plants on par with any future settlements with the IPPs.

A summary pertaining to the uninterrupted supply of Oxygen gas in the country will be presented by the Ministry of Industries and Production to the ECC. The ECC will consider a summary of the housing and works for an allocation of additional funds amounting to Rs. 142 million under demand No.50-housing and works division against IB 3143-Islamabad High Court Building and Judges residences. The fixation of imported urea price will also be considered under the same heading.

Another summary of housing and works related to a technical supplementary grant amounting to Rs. 23.330 million in favor of the Ministry of Housing and Works under ‘demand No. 124 — Capital Outlay on Civil Works during the Current Fiscal 2021-22’ is also on the agenda of the meeting.

Another summary will be presented to the ECC under the agenda item related to Defence for the allocation of a technical supplementary grant amounting to Rs. 67,127,687 for Sir Syed School and College of Special Education for CFY 2021-22.

Likewise, the ECC will consider the agenda item under Defence Production for extending the Defence Credit Facility to the tune of US$ 50 million to Sri Lanka.

Upon request of the Ministry of National Health Services, Regulation and Coordination, the ECC will deliberate on the provision of Rs. 200 million as TSG for the project “Procurement, Installation & Commissioning of Medical Equipment for Three Hospitals in Afghanistan” during CFY 2021-22.



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