Cabinet approves relaxing PPRA rules for importing cheap LPG

PM orders cutting reliance on imported fuel for cheap power generation

By: News Desk
Published: 03:48 PM, 20 Oct, 2022
Cabinet approves relaxing PPRA rules for importing cheap LPG
Caption: Representational image.
Stay tuned with 24 News HD Android App
Get it on Google Play

The federal cabinet on Thursday approved relaxation of the rules of the Public Procurement Regulatory Authority (PPRA) for importing cheap Liquefied Petroleum Gas (LPG), 24NewsHD TV channel reported citing official sources.

Prime Minister Shehbaz Sharif also directed to accelerate the efforts for purchasing cheap LPG to meet the shortage of Sui gas.

The relaxation of the PPRA rules will be applicable to the import of the spot cargoes of the LPG.

The approval for relaxing the PPRA rules had been obtained from the federal cabinet through circulation.

It was proposed to import 100,000 metric tonnes of LPG in next five months.

A plan is also under consideration to import 20,000 tonnes of LPG from November 2022 to March 2023 on a monthly basis.

Meanwhile, Prime Minister Shehbaz Sharif also directed the authorities concerned to take steps to reduce power load-shedding during winters in order to provide maximum relief to electricity consumers.

He directed to cut reliance on imported fuel for power generation and utilize local resources instead to produce cheaper electricity.

Chairing a meeting to discuss various proposals to overcome load-shedding in winters, the prime minister ordered taking every possible measure to ensure supply of electricity.

The briefing by the Ministry of Energy focused on demand and supply of electricity as well as estimates of fuel required for power generation.

The meeting was attended by former prime minister Shahid Khaqan Abbasi, Finance Minister Ishaq Dar, Minister for Parliamentary Affairs Murtaza Javed Abbasi, Energy Minister Engineer Khurram Dastagir, PM’s Adviser Ahad Cheema, State Minister for Petroleum Dr Musadik Malik, Special Assistants Dr Jahanzeb Khan, Junaid Anwar Chaudhry and senior officials.

Reporter: Awais Kiyani