ahlam1399
07-02-2016, 05:52 AM
ISLAMABAD: The Eco**mic Coordination Committee of the Cabinet Friday accorded approval in principle to transfer all hydropower projects [based on BOOT (build, own, operate, transfer) model] being implemented under 2002 Power Policy to the respective provincial, Azad Kashmir or Gilgit-Baltistan governments after expiry of the term of the Implementation Agreement.
The ECC meeting chaired by Finance Minister Ishaq Dar also considered proposals from Ministry of Water and Power, Ministry of Petroleum and Natural Resources and Revenue Division.
The ECC approved enhancement of Water Use Charges (WUC) from Rs 0.15 kWh to Rs 0.425 kWh for all upcoming private sector hydropower projects being implemented under the 2002 Power Policy which have **t yet achieved Financial Close. It was decided that the WUC would be reviewed every five years to determine if an increase is required.
On a**ther proposal from the Ministry of Water and Power, the ECC granted approval for authorising Central Power Purchasing Agency (CPPA) to sign amendment to the modified and re-stated power purchase agreement with Fauji Kabirwala Power Company.
The ECC on a proposal put up by the Ministry of Water and Power approved grant of sovereign guarantee against financing facility of Rs 10.40 billion from local banks for interconnection of imported coal-based 1320 MW power plants at Bin Qasim near Karachi.
Considering the proposal submitted by the Ministry of Petroleum and Natural Resources, the ECC allowed allocation of up to 9.5MMCFD gas from Badar-2 gas field to M/s SNGPL. The price of gas would be as per the applicable Petroleum Policy.
The decision has been taken keeping in view the request of SNGPL for allocation of gas from Badar-2 owing to increasing demand and supply gap on their system.The ECC also approved proposal of Revenue Division for extending reduced withholding tax rate of 0.4 per cent for **n-filers up to July 31.
http://feeds.feedburner.com/~r/com/YEor/~4/3FJjXRTK9Gg
أكثر... (http://feedproxy.google.com/~r/com/YEor/~3/3FJjXRTK9Gg/132314-Provinces-to-get-BOOT-model-hydropower-projects)
The ECC meeting chaired by Finance Minister Ishaq Dar also considered proposals from Ministry of Water and Power, Ministry of Petroleum and Natural Resources and Revenue Division.
The ECC approved enhancement of Water Use Charges (WUC) from Rs 0.15 kWh to Rs 0.425 kWh for all upcoming private sector hydropower projects being implemented under the 2002 Power Policy which have **t yet achieved Financial Close. It was decided that the WUC would be reviewed every five years to determine if an increase is required.
On a**ther proposal from the Ministry of Water and Power, the ECC granted approval for authorising Central Power Purchasing Agency (CPPA) to sign amendment to the modified and re-stated power purchase agreement with Fauji Kabirwala Power Company.
The ECC on a proposal put up by the Ministry of Water and Power approved grant of sovereign guarantee against financing facility of Rs 10.40 billion from local banks for interconnection of imported coal-based 1320 MW power plants at Bin Qasim near Karachi.
Considering the proposal submitted by the Ministry of Petroleum and Natural Resources, the ECC allowed allocation of up to 9.5MMCFD gas from Badar-2 gas field to M/s SNGPL. The price of gas would be as per the applicable Petroleum Policy.
The decision has been taken keeping in view the request of SNGPL for allocation of gas from Badar-2 owing to increasing demand and supply gap on their system.The ECC also approved proposal of Revenue Division for extending reduced withholding tax rate of 0.4 per cent for **n-filers up to July 31.
http://feeds.feedburner.com/~r/com/YEor/~4/3FJjXRTK9Gg
أكثر... (http://feedproxy.google.com/~r/com/YEor/~3/3FJjXRTK9Gg/132314-Provinces-to-get-BOOT-model-hydropower-projects)