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Ecnec okays uplift projects worth billion of rupees

byCT Report
07/11/2016
in Business
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ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) on Monday approved development projects worth billions of rupees related to the power, health, roads and infrastructure.

The ECNEC meeting, which was chaired by Finance Minister Ishaq Dar, considered and approved the project for construction/installation of “220 KV Mirpur Khas substation along with associated transmission lines (PC-1)” at a rationalised total cost of Rs 3,857.10 million including FEC of Rs. 1,854.69 million. The project will complete in 2 years’ time, and will help meet the growing power demand of areas including Mirpur Khas, Mir Wah Gorchani, Sultanabad, Kandiari, Sanghar, Shah Pur Chakar, Jam Nawaz, Tando Jam, Samaro and TA Yar under the jurisdiction of HESCO. It will lead to improved voltage reliability, system reliability of network, reduction in the loading of power transformers, and the overall efficiency and stability of the power system in Sindh. The Asian Development Bank (ADB) will finance the project.

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The project of “500KV HVAC transmission lines for interconnection of HVDC with HVAC system at Matiari and Lahore” also obtained approval of ECNEC. The project was approved at a total rationalised cost of Rs4,805.70 million including FEC of Rs 2,620.72 million. The project, which will be implemented in 2 years, will result in interconnection of HVDC with HVAC system for facilitating the dispersal of power from the proposed 4,000 MW power plants in the southern part of the country.

The ECNEC also considered and approved the project of “220KV Dera Ismail Khan-Zhob double circuit transmission line along with 220 KV Zhob substation” at a rationalized cost of Rs6,878.41 million, including FEC of Rs3,094.01 million, to be financed through ADB. The project will be completed by June 2018. It envisages installation of new 220KV substation at Zhob along with 220KV Dera Ismail Khan-Zhob transmission line in order to reduce transmission losses and meet the growing power requirements of Qilla Saifullah, GH Zai, Musafir Pur, Zhob, Mekhtar and Duki under the jurisdiction of QESCO.

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