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Sugar mills to get incentives for generating power

Friday, February 10, 2012 ISLAMABAD: The Council of Common Interests (CCI), which met here Thursday with Prime Minister Yusuf Raza Gilani in the chair, approved in principle the policy of Petroleum Exploration and Production 2012.

The CCI, in its 8th meeting after the 18th Constitutional Amendment, approved the policy as its implementation would help a great deal to overcome energy shortage in the country.

During the meeting, the prime minister, on the request of Punjab and Sindh chief ministers, ordered giving incentives to sugar mills for generating around 2000-MW electricity per annum, by using bagasse.

The PM asked the advisor to the PM on Finance to convene an energy conference at the earliest, aimed at removing hurdles, if any, being faced at present.The meeting considered six agenda items and approved the annual report of the last year which is to be laid before the parliament as a constitutional requirement. The CCI approved amendment to its earlier decision for charging 30 paisa per MAF of water and half paisa for each unit of electricity produced from hydel and nuclear sources.

The meeting also approved National Science, Technology and Innovation Policy 2012 which was approved by all the chief ministers.The CCI approved the financing of provincial population welfare departments at the level of 2010-11 as per earlier commitment of the federal government.

The PM, on the presentation by the Sindh chief minister, directed the Planning Division and Economic Affairs Division to provide full support in arranging funds for Thar Coal Project on top priority basis, as it was a national project for power generation. The PM directed that a meeting of provincial governments’ representatives be held early next week to address some observations raised by the provinces. The PM further directed the finance secretary to hold a meeting with provincial governments to work out financial outlay as a consequence of the 18th Amendment.

The meeting was attended by Punjab Chief Minister Shahbaz Sharif, Sindh CM Qaim Ali Shah, Khyber Pakhtunkhwa CM Amir Haider Hoti, Advisor to PM on Finance Dr. Abdul Hafeez Shaikh, Minister for Water and Power Naveed Qamar, Minister for Science and Technology, Mir Changez Khan Jamali, Minister for Communications, Dr Arbab Alamgir Khan, and Minister for Inter-Provincial Coordination, Mir Hazar Khan Bajrani along with high officials.

Gilani also said Qatar demanded skilled workforce from Pakistan to build the infrastructure for Olympics games scheduled to be held there in 2022. He was talking to four chief ministers at the PM House.

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