ECNEC approves 6.8bn dollars for upgradation of Pakistan Railways ML-1 project

MG News | August 06, 2020 at 12:28 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

Aug 6, 2020: Executive Committee of the National Economic Council approved project for up-gradation of Pakistan Railways existing Mainline-1 at the cost of over 6.8 billion dollars.

The meeting of the Committee was held in Islamabad on Wednesday with Adviser to Prime Minister on Finance Dr. Abdul Hafeez Shaikh in the chair.

The project will be completed in three packages in which the existing 2,655 KM track will be upgraded.

The speed of passenger trains will increase from 65/110 KM/h to 165 KM/h and line capacity will increase from 34 to 137/171 trains each way per day.

Ministry of Railways will constitute a project steering committee for effective supervision and implementation of the project.

The establishment of a dry port near Havelian was also approved in the meeting.

Radio Pakistan

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,402.08 123.44M	0.15% 248.92
ALLSHR	103,762.74 640.45M	0.28% 285.71
KSE30	50,998.57 52.62M	0.19% 96.59
KMI30	244,665.18 69.20M	0.37% 899.52
KMIALLSHR	67,290.94 377.69M	0.30% 203.90
BKTi	47,479.22 9.62M	-0.28% -135.50
OGTi	35,149.09 4.24M	0.85% 295.17

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	86,650.00	86,950.00 85,195.00	60.00 0.07%
BRENT CRUDE	99.80	102.30 97.43	-0.54 -0.54%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.10 4.92%
ROTTERDAM COAL MONTHLY	137.10	137.10 137.10	-0.20 -0.15%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	91.23	93.84 89.16	-1.14 -1.23%
SUGAR #11 WORLD	18.55	18.57 18.02	0.16 0.87%