No gas loadshedding for domestic consumers during winter: ECC
The ECC also allowed the Power Division to avail Islamic funding to pay off circular debt
November 27, 2018
ISLAMABAD: The Economic Coordination Committee (ECC) has decided against gas loadseddhing for domestic consumers during the three months of winter.
During the ECC meeting chaired by Finance Minister Asad Umar, it was decided that Re-Gasified Liquefied Natural Gas (RLNG) would be included in the system to overcome the shortage.
The ECC also allowed the Power Division to avail Islamic funding to pay off circular debt for which a committee has already been formed. The committee will decide on the procedure for the Islamic funding.
According to sources, approximately Rs100 billion in loans would be taken from Islamic banks.
