BR100 Decreased By (-0.7%)
BR30 Decreased By (-0.77%)
KSE100 Decreased By (-0.53%)
KSE30 Decreased By (-0.55%)
BECO 5.66 Decreased By ▼ -0.02 (-0.35%)
BML 63.53 Decreased By ▼ -1.31 (-2.02%)
BOP 33.60 No Change ▼ 0.00 (0%)
CNERGY 8.14 Decreased By ▼ -0.10 (-1.21%)
DCL 11.40 Increased By ▲ 0.05 (0.44%)
FCCL 52.18 Decreased By ▼ -0.73 (-1.38%)
FCSC 5.52 No Change ▼ 0.00 (0%)
FFL 17.75 Decreased By ▼ -0.05 (-0.28%)
FNEL 1.30 No Change ▼ 0.00 (0%)
HUMNL 11.20 Decreased By ▼ -0.04 (-0.36%)
KEL 7.88 Decreased By ▼ -0.09 (-1.13%)
KOSM 5.63 Increased By ▲ 0.19 (3.49%)
MLCF 85.75 Decreased By ▼ -0.26 (-0.3%)
NBP 184.00 Decreased By ▼ -1.00 (-0.54%)
PACE 11.68 Decreased By ▼ -0.34 (-2.83%)
PAEL 40.30 Increased By ▲ 0.09 (0.22%)
PIAHCLA 25.87 Increased By ▲ 0.14 (0.54%)
PIBTL 17.05 Decreased By ▼ -0.27 (-1.56%)
PPL 224.70 Decreased By ▼ -0.60 (-0.27%)
PRL 34.60 Increased By ▲ 0.22 (0.64%)
PTC 64.19 Decreased By ▼ -1.27 (-1.94%)
SEARL 90.40 Decreased By ▼ -0.11 (-0.12%)
SSGC 26.56 Decreased By ▼ -0.20 (-0.75%)
TELE 9.08 Increased By ▲ 0.12 (1.34%)
THCCL 67.23 Decreased By ▼ -2.21 (-3.18%)
TPLP 11.40 Increased By ▲ 0.09 (0.8%)
TREET 24.70 Increased By ▲ 0.15 (0.61%)
TRG 71.14 Decreased By ▼ -0.53 (-0.74%)
WAVES 10.91 Decreased By ▼ -0.54 (-4.72%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) Thursday approved three major projects, including supply of drinking water to Gwadar, a hydropower project at Mohmand Agency and Metro Bus service for the new Islamabad International Airport.

The meeting, chaired by Prime Minister Shahid Khaqan Abbasi here, accorded approval to these projects.

The ECNEC gave approval for the Rs 309.558 billion multi-purpose Mohmand Dam Hydropower Project.

Besides producing 800 MW electricity, it would also have a storage capacity of 1,594 million cubic meters of water that could be used for irrigation, flood mitigation and supply of drinking water to Peshawar and Federally Administered FATA.

The ECNEC gave approval for the construction cost of infrastructure and allied works for Metro Bus Services from Peshawar Morr interchange to the New Islamabad International Airport.

The Central Development Working Party had recommended the review of the project by the ECNEC.

The 25.6 km long project, which was still in different stages of completion, would cost Rs.16,427.880 million and provide affordable and convenient transport for passengers using the New Islamabad International Airport, rescheduled for opening in first week of May.

To meet the long standing demand of the people of Gwadar, the port city would get a five millions of gallons per day Reverse Osmosis Sea Water Plant at a total cost of Rs. 5,071.43 million.

Under this project sea water would be desalinated for catering to the drinking and other requirements of Gwadar City and adjoining areas.

The Federal Government has also agreed to increase its financing share from 50pc to 67pc while the remaining 33% would be financed by the Government of Balochistan.

Copyright APP (Associated Press of Pakistan), 2018
 

Comments

Comments are closed for this article.