Connect with us

Hi, what are you looking for?

Politics

Body overseeing IPP contracts revamped

ISLAMABAD: The government has reconstituted a high-level committee for the implementation of memorandums of understanding (MoUs) signed with independent power producers (IPPs) at the earliest.

According to a notification issued by the power division, Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has replaced Energy Minister Omar Ayub Khan as head of the committee while Tabish Gauhar has replaced Shahzad Qasim. All other members of the committee remain unchanged.

The notification has been issued on the basis of a decision taken by the federal cabinet on Sept 29. Informed sources said some participants of the cabinet meeting had reservations over the energy minister leading the committee.

The notification said the committee had been reconstituted to take further actions on the implementation of negotiation outcomes with the IPPs.

The new committee, headed by Dr. Shaikh, comprises Special Assistant to the Prime Minister on Power Tabish Gauhar, Federal Land Commission Chairman Babar Yaqoob Fateh Mohammad, who led the negotiations with the IPPs, the secretaries of power and finance and Barrister Qasim Wadud and the chief executive of the Central Power Purchasing Agency Guarantee Ltd.

Report by: The Truth International

Breaking News

Kapil Sharma and his team faced another setback after their show has been ended on the Netflix. It is, indeed, a sad and bad...

Entertainment

HeeramandiIn the latest chapter of entertainment discourse, the highly anticipated Netflix series “Heeramandi: The Diamond Bazaar” has triggered a wave of disappointment among Pakistani...

National

During the inauguration of a field hospital in Lahore, Punjab Chief Minister Maryam Nawaz encouraged her critics to engage in public service, suggesting that...

Economy

The transaction will be referred for an in-depth Phase 2 analysis.