Categories: Business

Govt to announce power policy this month

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picasso faisal

ISLAMABAD: Hoping to overcome prevailing gas shortage, the government on Tuesday decided to announce a new power policy along with a 25-year composite energy strategy this month.

This was the crux of a meeting of the Cabinet Committee on Energy presided over by Prime Minister Imran Khan. The meeting took stock of increasing number of complaints regarding gas and electricity shortage in the country and the remedial measures being taken by the authorities concerned.

The prime minister was told that the prevailing gas shortage was mainly due to two new factors — closure of the LNG re-gasification terminal of Pakistan Gasport (PGP) for maintenance for almost two weeks and additional gas supply to fertiliser and export-oriented industries on the instructions of the government.

picasso faisal

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