Monday , September 21 2020
Breaking News
Home / Uncategorized / ECC approves formation of PNC for TAPI Gas Pipeline Project
ECC approves formation of PNC for TAPI Gas Pipeline Project
Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez shaikh chairing the meeting of the Economic Coordination Committee of the Cabinet (ECC) in Islamabad on April 09, 2020.

ECC approves formation of PNC for TAPI Gas Pipeline Project

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved four technical supplementary grants worth Rs13,811.212 million during the current fiscal year (2019-20), the Ministry of Finance here Thursday said.

The statement said the ECC had also given approval to the constitution of Price Negotiation Committee for Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline Project.

The committee approved an amount of Rs160 million for the Federal Public Service Commission and Rs 1700 million for the achievement of Sustainable Development Goal Program, the ministry said in a press statement.

In addition, the ECC also approved Rs11483 million for Special Security Division(SSD) (South) Phase-I whereas an amount of Rs 468.212 million was approved for Special Communication Organization (SCO).

The cabinet committee also approved the deferment of monthly and quarterly fuel adjustments in the consumers electricity bills till June 2020.