Caretaker govt forms cabinet committee on energy

The caretaker government has constituted a new Cabinet Committee on Energy (CCoE), according to an official notification of the Cabinet Division.

The committee will comprise Ministers of Power and Petroleum; Finance, Revenue, Economic Affairs and Privatization; Planning, Development & Special Initiatives; Communications, Railways and Maritime Affairs; and Law & Justice, Climate Change and Water Resources.

The terms of reference of the CCoE are:

1. To ensure the smooth implementation of energy projects currently underway or in the pipeline, in particular projects falling under the umbrella of the China-Pakistan Economic Corridor, well within timelines stipulated for these projects;
2. Identify and remove bottlenecks in the expeditious implementation of these projects;

iii.        Identify the flaws and deficiencies of the existing legal and institutional framework governing the energy sector and formulate reform initiatives;

1. Review the current energy policy and remove its weaknesses;
2. Formulation of policies/plans on energy conservation and regular/periodical monitoring of such policies/plans; and,

vi.        Conduct inter-ministerial coordination whenever required, but at least once every fortnight.