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Agritech And Fatima Fertilizer To Get Subsided Gas For Two More Months

The ECC allowed the operations of SNGPL based plants at gas rate of PKR 839/MMBTU

admin-augaf by admin-augaf
January 21, 2022
in Business
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Agritech And Fatima Fertilizer To Get Subsided Gas For Two More Months

Agritech And Fatima Fertilizer To Get Subsided Gas For Two More Months

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Islamabad January 21 2022: Ministry of Industries and Production presented a summary on the Urea fertilizer requirement for remaining Rabi Season 2021-22.

The ECC after detailed deliberation allowed the operations of SNGPL based plants  for a further two months post Jan 2022 i-e Feb – Match 2022 at gas rate of PKR 839/MMBTU for the mentioned period. The two plants that operate on SNGPL network are Sheikhupura plant of Fatima Fertilizer and Agritech.

The ECC also approved following Technical supplementary Grants: i. Rs. 4 billion under the Pakistan Raises Revenue Programme (PRRP) for Financial Year 2021-22 for Federal Board of Revenue. ii. Rs. 5 billion in favour of Ministry of Planning, Development and Special Initiatives for conduct of 7th Population & Housing Census. iii. Rs. 78.500 million for the projects of the ICT Administration, Islamabad by Ministry of Interior. iv. Rs. 60 million for Ministry of Interior within sanctioned budget for purchase of spare parts for Helicopter maintained by HQs Frontier Corps Baluchistan North. v. Rs. 3 million equivalent to $ 17,133.06 within sanctioned budget for Ministry of Interior for purchase of spare parts for helicopter maintained by HQs Frontier Corps KP (North). vi. Re-allocation of Rs. 226.8 million surrendered funds for the year 2021-22 under Sustainable Development Goals Achievement Programme (SAP) in favour of Interior Division for further release to the ICT Administration. vii. Rupee Cover of USD 65.00 Million( Equivalent to Rs. 11,960.0 Million) to M/o NHSR&C, committed by Islamic Development Bank, to utilize the IsDB loan under “IVAC Covid-19 Vaccine support for Pakistan.”

Federal Minister for Finance and Revenue Mr. Shaukat Tarin, virtually presided over Economic Coordination Committee (ECC) of the Cabinet, today.

Federal Minister for National Food Security and Research Syed Fakhar Imam, Federal Minister for Industries and Production Makhdoom Khusro Bakhtiar, Federal Minister for Water Resources Chaudhry Moonis Elahi, Federal Secretaries and senior officers attended the meeting.

Source: PID

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Tags: AGLAgritechECCFatima FertilizerSubsidized GasUrea Production
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