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26 development projects worth Rs275.56 billion approved

byCustoms Today Report
02/04/2015
in Business
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ISLAMABAD: The Central Development Working Party (CDWP), under the chairmanship of Planning Minister Ahsan Iqbal, has approved 26 development projects worth Rs275.56 billion, including two LNG-based power projects of over 2200MW.

The CDWP meeting approved 21 projects worth Rs52.524 billion and recommended another five worth Rs223.039 billion for formal approval by the Executive Committee of the National Economic Council (Ecnec).

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The major projects include 1000-1200MW Combined Cycle Power Plant at Haveli Bahadur Shah, District Jhang, for supply of additional power to national grid by using re-gasified liquefied natural gas instead of furnace oil or diesel for affordable production of power with the cost of Rs84.8 billion.

Another 1000-1200MW combined cycle power plant at Balloki, District Kasur, will also be re-gasified LNG -based project worth Rs84.823 billion and will be completed in two years.

The meeting approved Rs20.756 billion for a project envisaging widening and strengthening National Highway of around 33km long two-lane single carriageway of N-70 from Rakhi Gaaj to Bewata in the districts of Dera Gazi Khan and Lorallai.

The other projects include Rs1.346 billion Dentistry School, SZAB Medical University Islamabad, Rs1.1 billion Academic and Allied Facilities to University of Swabi, 500KV Islamabad West sub-station etc.

 

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