time Wednesday Nov 14 2018

ECNEC approves development projects in various areas

Finance Minister Asad Umar - File photo 

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

During the meeting development projects in various areas were approved.

These projects include:

  1. Project for evacuation of power from Suki Kinari, Kohala and Mahl hydropower at a cost of Rs79.9 billion
  2. Sindh Solar Energy project at a cost of Rs12.848 billion
  3. Rehabilitation project of Dargai hydroelectric power station at a cost of Rs 4 billion.
  4. Ministry of Water Resources proposes to include Tangir Hydropower project in the Diamer Basha Dam project
  5. Approved Balochistan Water Resource Development Project (BWRDP) at a cost Rs16.453 billion.
  6. Approved revised cost of Peshawar Sustainable Bus Rapid Transit Corridor Project. Revised cost of the project raised to Rs66.437 billion from Rs45 billion. Project to be completed by June 2019, the stipulated completion time.