Islamabad (TDI): Economic Coordination Committee has approved Power Division’s proposal regarding winter demand initiative for the industrial, domestic, commercial and general services consumers of DISCOs and K-Electric.
The decision was taken at the ECC meeting held in Islamabad today with Finance Minister Muhammad Aurangzeb in the chair.
The initiative aims at ensuring optimum use of system generation capacity besides reducing gas demand due to shifting of favourabe demand towards electricity.
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Under the initiative, a tariff of 26.07 rupees shall be charged to all eligible consumers on the respective incremental consumption, above the benchmark consumption in the corresponding months. The initiative shall remain applicable for a three-month billing period effective from December to February.
The ECC also considered a proposal submitted by National Disaster Management Authority (NDMA) for transfer of Rs 3.140 billion balances of erstwhile Emergency Relief Cell (ERC) into NDMA Fund to carry out its inland as well as overseas rescue and relief operations in line with the statutory mandate of the Authority.
The proposal was discussed and approved with the proviso that since the balances in the ERC were made up of public donations and were granted for the purpose of relief, rescue and rehabilitation of floods and earthquake victims, NDMA would spend these balances for the stated purpose.
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The meeting was attended by Minister for Power Sardar Awais Ahmed Khan Leghari, Minister for Planning, Development & Special Initiatives Mr. Ahsan Iqbal, Minister for Commerce Mr. Jam Kamal Khan (virtual), Economic Affairs Mr. Ahad Khan Cheema (virtual), Minister of State for Finance and Revenue Mr. Ali Pervaiz Malik, federal secretaries, and senior officers from concerned ministries and departments.
