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ECC orders release of Rs4.1bln subsidy against RLNG supply


Business
April 29, 2021
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday directed the release of Rs4.1 billion subsidy against the supply of re-gasified liquified natural gas (RLNG) to export-oriented industry for March last year.
The power division submitted a summary regarding the release of subsidy for the supply of 100 percent RLNG to export-oriented industry for the month of March 2020.
The ECC approved the summary and decided to form a sub-committee consisting of Adviser to Prime Minister on Commerce, Special Assistant to Prime Minister on Power and other relevant stakeholders to review the power subsidies provided to export oriented sectors, with a direction to submit a holistic proposal before the ECC. ....

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