AIRLINK 75.25 Decreased By ▼ -0.18 (-0.24%)
BOP 5.11 Increased By ▲ 0.04 (0.79%)
CNERGY 4.60 Decreased By ▼ -0.15 (-3.16%)
DFML 32.53 Increased By ▲ 2.43 (8.07%)
DGKC 90.35 Decreased By ▼ -0.13 (-0.14%)
FCCL 22.98 Increased By ▲ 0.08 (0.35%)
FFBL 33.57 Increased By ▲ 0.62 (1.88%)
FFL 10.04 Decreased By ▼ -0.01 (-0.1%)
GGL 11.05 Decreased By ▼ -0.29 (-2.56%)
HBL 114.90 Increased By ▲ 1.41 (1.24%)
HUBC 137.34 Increased By ▲ 0.83 (0.61%)
HUMNL 9.53 Decreased By ▼ -0.37 (-3.74%)
KEL 4.66 No Change ▼ 0.00 (0%)
KOSM 4.70 Increased By ▲ 0.01 (0.21%)
MLCF 40.54 Decreased By ▼ -0.56 (-1.36%)
OGDC 139.75 Increased By ▲ 4.95 (3.67%)
PAEL 27.65 Increased By ▲ 0.04 (0.14%)
PIAA 24.40 Decreased By ▼ -1.07 (-4.2%)
PIBTL 6.92 No Change ▼ 0.00 (0%)
PPL 125.30 Increased By ▲ 0.85 (0.68%)
PRL 27.55 Increased By ▲ 0.15 (0.55%)
PTC 14.15 Decreased By ▼ -0.35 (-2.41%)
SEARL 61.85 Increased By ▲ 1.65 (2.74%)
SNGP 72.98 Increased By ▲ 2.43 (3.44%)
SSGC 10.59 Increased By ▲ 0.03 (0.28%)
TELE 8.78 Decreased By ▼ -0.11 (-1.24%)
TPLP 11.73 Decreased By ▼ -0.05 (-0.42%)
TRG 66.60 Decreased By ▼ -1.06 (-1.57%)
UNITY 25.15 Decreased By ▼ -0.02 (-0.08%)
WTL 1.44 Decreased By ▼ -0.04 (-2.7%)
BR100 7,806 Increased By 81.8 (1.06%)
BR30 25,828 Increased By 227.1 (0.89%)
KSE100 74,531 Increased By 732.1 (0.99%)
KSE30 23,954 Increased By 330.7 (1.4%)

ISLAMABAD: The “Sindh Barrages Improvement Project” of worth $326.6 million is facing financing gap of about $72 million and will require either government of Sindh counterpart funding or additional IDA funding to meet contractual obligations in the medium-term. Official documents of the World Bank revealed that due to accumulated delays, completing the works at Guddu and Sukkur will require more time beyond the current project closing date of June 30, 2024.

The project was approved in 2015 with development objectives to improve the reliability and safety of the Guddu barrage and strengthen the Sindh Irrigation Department’s capacity to operate and manage the barrage. The original closing date was 22 December 2020, which was later revised to June 30, 2024.

The bank has rated the progress towards achievement of project development objective and overall implementation progress as moderately satisfactory.

World Bank terms implementation progress of Sindh Resilience Project ‘satisfactory’

The project has made substantial progress. Works at Guddu are progressing and have reached 48 per cent physical progress for the barrage and substantial completion for the river training works. Remaining river training works at Right TJ Spur are yet to be launched.

The rehabilitation of Sukkur barrage started in February 2023 and shows a steady progress and currently at 4.5 per cent physical progress. Moreover, the project has a financing gap of about $72 million and will require either the GoS counterpart funding or additional IDA funding to meet contractual obligations in the medium-term.

The Government of Sindh has processed a Planning Commission form 1 (PC-1) amalgamating the previous two separate PC-1, one for Guddu and one for Sukkur, and reflecting the new financing requirement and extended timeframe.

On the institutional side, the Government of Sindh has established a Barrage Management Unit (BMU) headed by a chief engineer to oversee the operation and maintenance of the three barrages in Sindh (Guddu, Sukkur, and Kotri). The capacity of BMU will be strengthened under the project’s component B supporting Improved Barrage Operation, the bank noted.

Documents noted that six gate leaves have been replaced but their hoisting systems have not been replaced yet. Both gate and hoisting system to be replaced to count for additional flood passage capacity.

Copyright Business Recorder, 2023

Comments

Comments are closed.