Federal Minister of Finance and Revenue, Shaukat Tareen chaired a meeting of the Executive Committee of the National Economic Council (ECNEC) where the forum gave approval to multipurpose project Gomal Zam Dam (2nd revised PC-I) with a total cost of Rs. 25,928 million. The Forum also approved the Ex-Post Facto for expenditure and financial closure of the project based on the direction / decision of the previous ECNEC meeting of 28 August 2013. WAPDA is responsible for the implementation and coordination of project implementation.
ECNEC also approved COVID-19 Response and Other Natural Disaster Control Programs (Sindh Component) to the tune of Rs. 20,822,046 million excluding foreign currency shares.
The Sindh Ministry of Health will be responsible for sponsoring and implementing the program. The project will be completed with equal share funding from the Government of Sindh and the Federal Government through the PSDP.
ECNEC also gave approval to 30 MegaWatts Ghowari hydroelectric project (revised 2nd) with a total cost of Rs. 16,399,760 million. The project is located on the left bank of the Shayok River near the village of Ghowari in the Ghanche district of Gilgit Baltistan. The project is expected to be completed in 4 years.
Rainee Channel Project (Phase 1: 110 km), Modified PC-I, was approved by ECNEC with a total cost of Rs. 20,533,836 million. WAPDA is responsible for implementing a project that will irrigate 412,400 acres of Phase I land in a design version of 5,500 units in Kashmore, Ghotki, Sukkar and Khairpur districts.
Construction of section M-8 Hoshab-Awaran-Khuzdar; Part 2: from Awaran-Naal, with the length of 168 km was also approved by ECNEC at a rationalized price of Rs. 32 244.82 million.
ECNEC also gave nod to crucial Hyderabad-Sukkur (306 km) 06 Lane fenced motorway, on Build Operating Transfer (BOT) mechanism, with revised PC-I costs of Rs. 191,471,074 million. The project will be implemented on the basis of BOT fees for users with the provision of capital and operational support to improve the financial viability of the project. The project is expected to be completed within 30 months.
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