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Pakistan : ECNEC Approves 16 projects amounting to RS.132 Billion

Publish Date : 30-Aug-2013

A meeting of the Executive Committee of the National Economic Council (ECNEC) was held under the Chairmanship of the Finance Minister Senator Ishaq Dar at the Prime Minister's Office this after noon which approved 16 projects amounting to Rs.132060.425 million.

Of the total 16 projects, 12 projects relates to the energy sector amounting to Rs.96.484 billion including construction of 31.17MW Koto Hydro Power Project at estimated cost of Rs.7.508 billion.

Three projects amounting to Rs.41.391 billion were approved for projects located in Sindh, 2 projects amounting to Rs.9.814 billion were approved for Khyber Pakhtoonkhwa, one project amounting to Rs.3.306 billion in South Punjab, one project amounting to Rs.8.731 billion was approved in Balochistan, one project amounting to Rs.22.582 billion was approved for Azad Jammu and Kashmir, seven projects amounting to Rs.43.600 billion were approved in Punjab and one project of Rs.2.632 billion in Islamabad.

The meeting was attended by Mr. Murtaza Jatoi, Minister for Industries and Production, Mr. Zahid Hamid, Minister for Science and Technology, Senator Pervez Rashid, Minister for Information and Broadcasting, Ms. Anusha Rehman Ahmed Khan, Minister of State for Information Technology and Telecommunications, Mr. Jam Kamal Khan, Minister of State for Petroleum and Natural Resources, Mr. Abdul Hakeem Baloch, Minister of State for Railways, representatives of Planning and Development of Government of Punjab, Sindh, Khyber Pakhtoonkhwa and Balochistan, Mr. Abdul Rahim Ziaratwal, MPA Balochistan, Representative of Government of Khyber Pakhotonkhwa, Minister of Finance, Government of Punjab, Syed Murad Ali Shah, Advisor to Chief Minister Sindh and senior officials of federal and provincial governments.

In order to streamline the procedure of approval of projects by ECNEC, the Finance Minister directed the Planning and Development to present projects approved by Central Development Working Party within seven days.

The ECNEC directed the Planning and Development Department to come up with an integrated plan for need of transmission lines for evacuation of electricity planned to be generated by 6600MW Thermal Plants at Gadani, 1200MW from Jamshoro, 2017MW Karachi Coastal Power Plants and other upcoming projects.

The meeting was informed that 90% work on Dera Ghazi Khan-Loralai transmission line has been completed while 70% work on Dadu-Khuzdar transmission has also been completed. As far as grid station at Dera Ghazi Khan is concerned it would be completed by April 14.

Deferring the discussion on Kachhi Canal Project Phase I, ECNEC constituted a Committee headed by Deputy Chairman Planning Commission with Federal Secretary Planning and Development, Chief Secretary Balochistan, Chairman WAPDA, Advisor Finance Ministry and Secretary Irrigation, Government of Punjab as its members.

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