ECC approves additional supply of 150 MW electricity to K-Electric
ISLAMABAD: The Economic Coordination Committee (ECC) here on Wednesday approved additional supply of 150 MW of power through national grid to K-Electric to address power shortage in Karachi.
The ECC meeting, which met in Islamabad today with Prime Minister’s Adviser on Finance Dr Abdul Hafeez Shaikh, also approved additional subsidy amounting to 1.8 billion rupees to Tribal Electric Supply Company (TESCO) for the month of Ramazan to provide additional power supply to the seven tribal agencies of erstwhile FATA.
The Power Division informed the meeting that the government had been paying the electricity bills of domestic consumers of former tribal agencies through a subsidy of 1.3 billion rupees per month.
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The ECC okayed procurement of 5.15 million tons of wheat target with financial limit of 158.5 billion rupees this year.
ECC acceded to the proposal of Earthquake Reconstruction and Rehabilitation Authority by granting tax exemption to the projects being constructed under Saudi Fund for Development Grant.
The committee also approved supplementary grants for different ministries and divisions.
It waived off Karachi Port Trust’s storage charges on the consignments of rice to be distributed among the needy people by a non-profit welfare organization working for the poor and needy people of the country.