ISLAMABAD - Finance Minister Senator Ishaq Dar on Tuesday chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet.

The ECC considered and approved Policy Directives to NEPRA to make the Policy Framework for Private Sector Transmission Line Projects, 2015, consistent with the existing practice of tariff determination for the purpose of clarity.

ECC also deliberated upon the Ministry of Water and Power proposal regarding implementation of 660KV HVDC transmission line from Matiari to Lahore project. ECC of the Cabinet authorised Ministry and PPIB to process 660KV HVDC Matiari-Lahore Transmission Line Project to State Grid Corporation of China (SGCC)/China Electric Power Equipment & Technology Co Ltd (CET) subject to acceptance of NEPRA’s approved tariff for the project and fulfillment of other applicable provisions of Transmission Line Policy 2015 on the basis of fact that the project has been conceived and awarded under CPEC.