ISLAMABAD : The Economic Coordination Committee (ECC) of the Cabinet has approved an amount over Rs 193 billion for the power sector aimed at resolving its financial woes.
Presided over by by Finance Minister for Finance and Revenue, Senator Muhammad Aurangzeb the ECC approved two summaries submitted by the Ministry of Defence. The Committee approved a Technical Supplementary Grant (TSG) amounting to Rs. 1.289 billion for expenses relating to Independence Day and Marka-e-Haq Celebrations 2025. The ECC also approved a TSG amounting to Rs. 2 billion for the Marka-e-Haq Monument Project, Islamabad, to be executed by the Frontier Works Organization (FWO).
The Committee also approved two summaries submitted by the Ministry of Information Technology and Telecommunication. These included a TSG amounting to Rs. 4.5 billion for completion of Phase-II of the Pakistan Asan Khidmat Centre, Islamabad, and re-appropriation of savings amounting to Rs. 911.2 million to the Smart Islamabad Initiative.
The ECC approved a summary submitted by the Prime Minister’s Inspection Commission for provision of a TSG amounting to Rs. 8.216 million to meet employee-related expenditure requirements.
The Committee further considered two summaries submitted by the Finance Division and approved a TSG amounting to Rs. 312.3 million for implementation of the incentive package for PAS and PSP officers serving in Balochistan and also approved discontinuation of the Telegraphic Transfer Charges Incentive Scheme (TTCIS) with effect from July 1, 2026.
The ECC also approved a summary submitted by the Ministry of Housing and Works for transfer of Rs. 793.7 million relating to the PSDP scheme for District Shangla to facilitate timely implementation of development initiatives.
The Committee also approved a summary submitted by the Ministry of Industries and Production authorizing release of salary payments for Pakistan Steel Mills (PSM) from the already approved budgetary allocation for FY 2025-26 to ensure continuity of employee-related payments.
The ECC also approved a summary submitted by the Ministry of Maritime Affairs for provision of a TSG amounting to Rs. 600 million as the Federal Government’s share for installation of a Vessel Monitoring System in fishing boats across Pakistan.
The Committee considered a summary submitted by the Power Division and approved a TSG amounting to Rs. 52 billion for release to Central Power Purchasing Agency-Guarantee (CPPA-G) as Government equity in DISCOs and further approved re-appropriation of Rs. 97.649 billion from K-Electric to Inter-DISCO Tariff Differential Subsidy along with adjustment of TESCO TDS arrears claims of amount Rs. 44.198 billion.
The ECC further approved a summary submitted by the Ministry of Interior and Narcotics Control for provision of Rs. 250 million to Frontier Corps KP (North) to meet operational requirements and enhance its operational preparedness and overall security capabilities.
The Committee also approved a summary submitted by the Petroleum Division for extension in the validity of sovereign guarantees against the Rs. 50 billion financing facility obtained by Sui Northern Gas Pipelines Limited (SNGPL) from Meezan Bank Limited up to June 30, 2027.
In addition to the regular agenda items, the Committee considered a summary submitted by the Ministry of Railways and approved enhancement in Grant-in-Aid for Pakistan Railways amounting to Rs. 7 billion.
The ECC also approved a summary submitted by the Privatisation Division for provision of a TSG amounting to Rs. 22.4 million in favour of the Public Private Partnership Authority (P3A) to ensure continuity of its operations and administrative obligations.
The Committee further considered two summaries submitted by the Ministry of Interior and Narcotics Control and approved a TSG amounting to Rs. 193.2 million for the Federal Investigation Agency (FIA) to meet employee-related expenses. The ECC also approved provision of Rs. 4.2 billion for payment of pending dues to the families of Shuhada personnel of Civil Armed Forces, with the instructions that the amount be met from available savings during the current financial year, while the remaining requirement would be catered for in the next financial year.
The meeting was attended by Federal Minister for Petroleum Mr. Ali Pervaiz Malik, Federal Minister for Investment Mr. Qaiser Ahmed Sheikh, Federal Minister for Education and Professional Training Dr. Khalid Maqbool Siddiqui, Federal Minister for Commerce Mr. Jam Kamal Khan, Special Assistant to the Prime Minister on Industries and Production Mr. Haroon Akhtar Khan, along with federal secretaries and senior officials from the relevant ministries, divisions, and regulatory authorities.
