ISLAMABAD: The Senate on Monday passed the Regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Bill, 2019, unanimously.
Leader of the House Syed Shibli Faraz moved the bill to amend the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997 [The Regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Bill, 2019] in the House.
The Statement of Objects and Reasons of the bill says that the competency of senior management of the regulatory body is of vital importance as it establishes a vision and policy for the provision of services, strategies and plans for delivery.
The amendment in the Act aims at strengthening the administration of the regulator in the power sector.
Hence, the criterion prescribed in the proposed amendment for the appointment of the Members and Chairman are made explicit according to the position they hold, rather than mere representation of the provinces.
Furthermore, age prescribed for the appointments of the members and the chairman is proposed as per logical availability in market to engage the workforce for the same.
Meanwhile, the House adopted two motions to withdraw two bills including the Foreign Private Investment (Promotion and Protection) (Amendment) Bill, 2018 and the Board of Investment (Amendment) Bill, 2018.
The House also adopted the motion moved by Senator Sirajul Haq that a joint sitting be considered to discuss the Islamabad Capital Territory Prohibition of Interest on Private Loans Bill, 2019 passed by the Senate and transmitted to the National Assembly but was not passed by the National Assembly within 90 days.
