Abb Takk News

ECC Approves Amendment in Energy Act 1997

ISLAMABAD: The Economic Coordination Committee has recommended for submission to the federal cabinet a set of amendments proposed by the Ministry of Energy to the Regulation of Generation, Transmission and Distribution of Electronic Power Act 1997.

Meeting of ECC has held in Islamabad today with Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh in the chair.

The meeting was informed that the proposed amendments to the Regulation of Generation, Transmission and Distribution of Electronic Power Act 1997 were aimed at bringing more clarity and precision in the market operation, uniformed tariff, timely submissions and determination of quarterly and annual tariffs.