ECC Greenlights increases gas prices for industries, power plants

• ECC approves a 10% increase in natural gas prices for bulk.
• Okays TSG of RS15.839BN for the Ministry of Defense.
• Approves to form a body to evaluate the possibility of importing sugar.

Islamabad: The Council of Financial Coordination Committee (ECC) approved the revised natural gas pricing structure for the financial year 2025-26, allowing rising consumer prices.

The ECC, which met under the chairmanship of the Minister of Finance and Income, Senator Muhammad Aurangzeb undertook a summary submitted by the division of oil for the adjustment of gas invoices.

According to the decree of the Oil and Gas Regulatory Authority (OGRA), the federal government is obliged to alert revised prices of consumer gases within 40 days of S’s determination to ensure the recovery of costs and regulatory compliance.

The move is also aligned with building blocks that have agreed with the International Monetary Fund (IMF), including rationalizing prisoner invoices and shift from cross -performance in direct, targeted support for low -income consumers.

According to a press release issued by the Treasury, the ECC has decided to maintain gas prices for household consumers, with only fixed charges reconnected in the domestic sector to recover the costs of assets.

It approved an average increase of 10% of natural gas prices for bulk consumers, power plants operating in gas and industrial sector.

The Commission has also demonstrated the authority’s approval in a risk coverage system aimed at small farmers and not covered areas, are expected to bring 750,000 new agricultural borrowers to the official financial system and produce 300 billion Rs in additional credit for three years.

The program is scheduled to begin on August 14, 2025, pending further improvements and inclusion.

In addition, the ECC examined and approved multiple technical supplementary grants (TSGS) for different ministries, including RS15,839 billions for the Ministry of Defense, control of 89.67 billion RS5. Suparco.

The ECC also approved the formation of a Managing Committee to evaluate the possibility of importing sugar to stabilize prices and the guidance of the State Bank and the Department of Funding to present a revised home incentive system until July 31.

The meeting was attended by Power Minister Sardar Awais Leghari, oil Minister Ali Pervaiz Malik and SAPM in the Haroon Akhtar Khan industries, among others.