Provinces to be given due share of net hydel profits, assures Khusro Bakhtiar

ISLAMABAD, Pakistan: The Federal Minister for Planning, Development & Reform Makhdoom Khusro Bakhtiar has underlined that the present government is committed to give due share of Net Hydel Profits (NHP) to the provinces.

While chairing a meeting of the main committee constituted by the Council of Common Interests (CCI) to deliberate upon the issue of Net Hydel Profits in Islamabad on Wednesday in his capacity as the Deputy Chairman Planning Commission, Khusro Bakhtiar said that expressed optimism to resolve all outstanding issues regarding determination of NHP which is required to be paid to the province where a hydel power station is located as per provision of the Constitution under Article 161 (2).

The Advisor to Chief Minister Khyber Pakhtunkhwa, the Chief Secretary Khyber Pakhtunkhwa, Secretaries of Planning, Water Resources, Power Division and Inter Provincial Coordination (IPC), the Member Energy and senior officials from relevant ministries were also present in the meeting.

The meeting discussed the report of Technical Sub-Committee (TSC) which had been constituted under the Chairmanship of Secretary Power Division to ponder over the issue of determination of rates/net profits.

The meeting also deliberated upon the point of view of all key stakeholders in the matter.

It was decided to hold another meeting in a week’s time to further deliberate on the matter in detail and work out the solution in the light of decision of the CCI.