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Federal Minister for Planning, Development & Special Initiatives Profe...


A meeting of the Cabinet Committee on Energy (CCOE) was held under the Chairmanship of Federal Minister for Planning, Development and Special Initiatives Asad Umar.

Dated : 24 September 2020

A meeting of the Cabinet Committee on Energy (CCOE) was held under the Chairmanship of Federal Minister for Planning, Development and Special Initiatives Asad Umar here in Islamabad on Thursday.

Cabinet Committee on Energy reviewed the Report by the committee for negotiation with Independent Power Producers (IPPs). The Chairman of the Committee Mr. Babar Yaqoob Fateh Muhammad presented its findings, highlights of the MoUs reached with the IPPs and its recommendations to the CCoE.

CCoE discussed various facets of the MoUs and its implementation. An initial estimate of potential savings was also presented to the CCoE. An implementing committee under the chairmanship of Minister for Energy was formed to pursue the finalization of agreements based on the MoUs and develop an implementation roadmap. CCoE will regularly review the progress of the committee.

The meeting was attended by Minister for Energy Omar Ayub Khan, Federal Minister for Information and Broadcasting Shibli Faraz, SAPM on Petroleum Nadeem Babar, SAPM on Mineral Resources Shahzad Qasim and official of various divisions.