Tuesday October 18, 2022

Federal Cabinet Approves Measures To Promote Solar Energy As Alternative To Imported Fuel

Islamabad: The Federal Cabinet has decided that federal government in collaboration with provinces will ensure the provision of wheat seeds to farmers of flood affected areas.

The decision was taken during its meeting held in Islamabad on Tuesday with Prime Minister Shehbaz Sharif in the chair.

For this purpose, the provinces and the federal government will ensure the provision of funds with a contribution of 50 percent.

In this regard, the ECC approved a supplementary grant of 3.2 billion rupees to NDMA for procurement of wheat seed and distribution to districts identified by the provinces, which was approved by the Cabinet.

The federal cabinet gave in-principle approval to extend the project of installation of advanced meters in Islamabad to other parts of the country and also to install advanced meters on transformers to reduce line losses.

On the recommendation of the Power Division, the Federal Cabinet also approved measures to promote the use of low-cost solar energy as an alternative to expensive imported fuel across the country.

Considering the average of 7 percent line losses as unsatisfactory, the Prime Minister immediately called for a comprehensive plan to reduce them according to the rate of line losses prevailing at the international level.

The Prime Minister directed to prepare recommendations for reform measures in the electricity distribution companies and for this purpose, a committee was established under the chairmanship of Defence Minister Khawaja Asif.

The committee will formulate a comprehensive action plan after consultation within two weeks and submit it to the cabinet.

The Prime Minister informed the cabinet about the details of his visit to Kazakhstan and his participation in international conferences including the Shanghai Cooperation Organization, the United Nations General Assembly and recently the CICA summit.

After discussing agricultural commodities, gas, rail, road, infrastructure and connectivity and energy corridors in these meetings, it was decided that Pakistan will soon hold a summit meeting of Central Asian states in Islamabad, in which Central Asian states will be connected from Gwadar and Karachi ports.

← Back>