ISLAMABAD: The Cabinet Committee on Energy (CCoE) on Thursday directed the Petroleum Division to ensure maximum gas supply while ensuring implementation of a demand management plan as already approved by the cabinet.
CCOE issued the directions in a meeting held under the chairmanship of Minister for Planning, Development, and Special Initiatives Asad Umar.
Petroleum Division presented different policy options for management of the gas supply side during winter 2021-22. The division also presented projected natural gas supply for the winter, informing about its efforts to enhance the natural gas supply.
During the meeting, the committee also considered the summary presented by the Power Division on the implementation of CCoE decisions.
The Power Division informed in the meeting that all new renewable energy (RE) projects would participate in the open competitive bidding process to ensure least cost procurement of renewable electricity.The CCoE approved the summary and recommended expediting the bidding process in the meeting.
The chair further directed the Power Division to inform the CCoE in the next meeting of a detailed roadmap with millstones for the establishment of RE projects, including potential locations and details of the competitive process.
The Securities and Exchange Commission of Pakistan logo. — APP/File ISLAMABAD: The three-day capacity building...
The image shows the logo of the Securities and Exchange Commission of Pakistan . — APP/FileISLAMABAD: The Securities...
The picture shows a logo of Federation of Pakistan Chambers of Commerce & Industry . — APP/FileKARACHI: The...
This image released on July 14, 2023, shows the logo of InDrive. — Facebook/inDriveKARACHI: inDrive, a ride-hailing...
Gold bars can be seen in this image. — AFP/FileKARACHI: Gold prices increased by Rs2,500 per tola on Friday in the...
This photo illustration shows Japanese 10,000 yen banknotes in Tokyo on November 19, 2021. — AFPTokyo: The yen...