Ecnec okays 10 projects worth Rs218bn
Islamabad: The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved 10 projects worth Rs218 billion in irrigation, water, power, infrastructure and education sectors besides distribution of 100,000 laptops under the prime minister’s scheme for youth.
The Ecnec meeting, chaired by Finance Minister Ishaq Dar, approved a project of the Ministry of Water and Power for refurbishment and upgradation of generating limits of Mangla power station for enhancing its capacity from 1,000 to 1,310MW at an estimated cost of Rs52.3bn. The project is being financed under a USAID grant of $150m; $102m loan from JICA and an additional loan/grant of $111m.
In case of non-availability of loan, Wapda will complete the project from its own resources.
Naltar-V, another 14MW hydropower project, was approved by Ecnec whose revised cost has been estimated at Rs3.9bn. The project will meet power requirement of Gilgit town.
The committee also approved 150MW Sharmai hydropower project in Upper Dir; 132MW Shogo-Sen hydro-power project; and 144MW Shushgai-Zhendoli hydel project in Chitral, totalling Rs91.6bn.
In irrigation sector, Ecnec approved the first phase of Kachhi Canal project whose revised cost has been estimated at Rs57.6bn. An amount of nearly Rs37bn has already been spent on the project.An additional amount of Rs15bn would be provided by the federal government as part of Prime Minister Nawaz Sharif’s commitment to the people of Balochistan.
Ecnec also approved construction of Shadi Kaur storage dam project and appurtenants work proposed by the Balochistan government at a cost of Rs6.5bn.
Ecnec also approved construction of a flyover at Koyla Phatak Samungli Road in Quetta. The federal government has provided Rs3bn for the project under the ‘Quetta Package’ and the provincial government is constructing flyover.
Ecnec also approved a project, sponsored by the Ministry of Kashmir Affairs and Gilgit Baltistan titled “basic education for all”, to open schools in the districts of Azad Jammu and Kashmir at a cost of Rs1.3bn.