ECC approves sovereign guarantee for Jamshoro power plant


Islamabad, Oct 7 (TNS): Economic Coordination Committee (ECC) has provisionally approved sovereign guaranteefor 39 billion rupees for construction of 1320 megawatt Coal Power Project in Jamshoro.

The ECC meeting which held in Islamabad with Prime Minister Shahid Khaqan Abbasi in the chair, also approved allocation of 12 million kilograms of surplus tobacco to all the tobacco companies and dealers on pro-rata basis.

The meeting also approved to deregulate the margins on High-Speed Diesel for the Oil Marketing Companies and dealers under the policy of liberalization and deregulation.

The ECC also extended the period of provision of subsidy to agricultural tube-well consumers in Balochistan till 31st of December this year.