Finance Minister chairs meeting on Power Projects

Islamabad, December 07, 2015 (PPI-OT): Federal Minister for Finance Senator Mohammad Ishaq Dar chaired a meeting here on Monday to review the financial requirements of upcoming gas based power plants. Mr. Yonus Dagha, Secretary Water and Power and MD PPIB gave a presentation to the participants of the meeting, putting forth timelines for completion of different formalities in regard to the proposed projects. The meeting was briefed regarding the total gas requirement for the up-coming plants. The Ministry of Petroleum and Natural Resources informed that sufficient gas supply for these plants will be ensured.

The Finance Minister directed Ministries of Water and Power and Petroleum and Natural Resources to keep close coordination for achieving speedy progress on the proposed power plants. He also said that transparency and efficiency should be ensured while undertaking these projects. He also gave instructions to convene regular meetings for seeking update on progress of work.

Minister of Petroleum and Natural Resources Mr. Shahid Khaqan Abbasi and Senior officials of the Ministries of Finance, Water and Power, Petroleum and Natural Resources and other related departments attended the meeting.

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