ECNEC approves several uplift projects

Author: Agencies

Finance Minister Asad Umar on Wednesday chaired a meeting of the Executive Committee of the National Economic Council (ECNEC).

The meeting approved development projects in various areas of the country.

According to details, the ECNEC discussed and accorded approval to several projects, including a project for evacuation of power from Suki Kinari, Kohala and Mahl hydropower at a cost of Rs 79.9 billion, Sindh Solar Energy project at a cost of Rs 12.848 billion and rehabilitation project of Dargai hydroelectric power station at a cost of Rs 4 billion.

During the meeting, the Ministry of Water Resources proposed to include Tangir Hydropower project in the Diamer-Basha Dam project.

The meeting also accorded approval to the Balochistan Water Resource Development Project (BWRDP) at a cost Rs 16.453 billion.

It also approved revised cost of Peshawar Sustainable Bus Rapid Transit Corridor Project. Revised cost of the project was raised to Rs 66.437 billion from Rs 45 billion. The project would be completed by June 2019.

Published in Daily Times, November 15th 2018.

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