Wednesday, Feb 18, 2026 | 29 Shaban 1447
Wednesday, Feb 18, 2026 | 29 Shaban 1447
ISLAMABAD: National Assembly Standing Committee on Industries and Production on Monday sought details of the regulations related to industrial units net-metering from the ministry of power.
The standing committee meeting held here under the chairmanship of MNA Syed Hafeezul Din while taking up the matters related to Public Sector Development Program (PSDP) for the financial year 2026-2027 of the Ministry of Industries and Production rejected the plea that the view point of the Ministry of the industry regarding the delay in PSDP projects. The committee sought the details of the investment made by the industrial sector in installation of solar energy projects and net-metering concerns of the industrial sector from the officials concerned.
The panel also expressed dissatisfaction over the subsidized power supply to the industrial sector by K-Electric during corona virus crisis and asked the management of the K-electric to brief the panel in next meeting on the subject.
The committee asked the relevant quarters to stop release of further funds for six out of ten projects, and sought the report on the delayed projects.
During the discussion, the committee noted that the cost of the projects had been doubled, which differed from the actual amount proposed in their PC-I, whereupon the committee, directed the ministry to provide the report on the projects, escalating the cost due to delayed. The committee asked the ministry to provide full details of the following projects: the establishment of 132 KV grid station at Bin Qasim Industrial Park (BQIP), Karachi; Establishment of High Tensile Sheet Metal Dies Manufacturing and Titanium Coating Setup at KTDMC, Karachi; Establishment of Hub Special Economic Zone, Lasbela (LIEDA, GOB); Industrial Designing and Automation Centres at Karachi, Lahore and Sialkot (TUSDEC); Acquisition of Land for Establishment of SME Facilitation Centers at Various Locations (SMEDA), Development of Block-A (500 acres) of Phase1 (1500 acres) of the Karachi Industrial Park (Federal SEZ) on Approx. 6400 acres of Pakistan Steel Mills Land, Karachi (PIDC); and 1000 Industrial Stitching Unit (Phase-II) (SMEDA).
The committee also recommended to stop further release of funds on these projects till satisfaction of the Committee.
The Committee also sought a detailed report on monitoring mechanism of PSDP projects from the Ministry of Planning and Development and Finance Division, indicating actual cost had been proposed in PC-I, factors and reasons escalated the cost of projects. The committee deferred briefing on the remaining PSDP projects, however, approved the projects of Product Development Centre for Composite Based Sports Goods, Sialkot (SMEDA); Support Center for dental and surgical equipment (SCDS), Sialkot (TUESDEC); and Strengthening of Engineering Industry, (EDB).
The panel while discussing on the agenda related to Capacitor Manufacturers Association, after detailed deliberations, decided that the Engineering Development Board (EDB) may listen the view points of both (M/s Yunus Electronics Pak (pvt) Ltd, Gujrat) and (M/s K-caps (Pvt) Ltd) on the matters and report to the committee.
Copyright Business Recorder, 2026
