Gov’t to ensure due share of net hydel profit to provinces: Minister

APP33-26 ISLAMABAD: October 26 - Federal Minister for Planning, Development and Reforms, Makhdoom Khusro Bakhtiar chairs a meeting on Net Hydel Profit Methodology at Ministry. APP photo by Saleem Rana

ISLAMABAD, Oct 26 (APP):Minister for Planning, Development and Reform Makhdum Khusro Bakhtiar has said that the incumbent Government is committed to give due share of Net Hydel Profit (NHP) to provinces.
The Minister said this while chairing a meeting on Net Hydel Profit here at on Friday.
Advisor to Chief Minister KP on Energy, Secretary Planning Zafar Hasan, Secretary Water Resources, senior officials
from Ministry of IPCC, Punjab, Khyber Pakhtunkhwa were also present in the meeting.
The Minister said that the government would ensure implementation of CCI decision to resolve all outstanding issues regarding determination of NHP.
The meeting deliberated upon the way forward for determining the share of NHP which is required
to be paid to the province where a hydel power station is located as per provision of the Constitution stipulated under
Article 161 (2).
The Minister called for examining the case in detail and constituted a sub-committee comprising all the stakeholders to
present its report/recommendations for implementation of the CCI decision in the matter and for determination of rates/net profits.
The sub-committee will submit its report in thirty days.