ECNEC approves multiple infrastructure products

News Image

MG News | April 26, 2018 at 06:34 PM GMT+05:00

0:00

Prime Minister Shahid Khaqan Abbasi chaired a meeting of the Executive Committee of National Economic Council (ECNEC) at Prime Minister’s Office today. 

ECNEC accorded approval of the following projects:-

  1. Mohmand Dam Hydropower Project at a cost of Rs. 309.558 billion. Mohmand Dam will be a multi-purpose project which besides producing 800 MW electricity, will have a storage capacity of 1,594 million cubic meters of water that can be used for irrigation, flood mitigation and supply of drinking water to Peshawar and FATA.  
  2. Construction of infrastructure and allied works for Metro Bus Services Peshawar Morr to New Islamabad International Airport (25.6 Km) at a cost of Rs. 16,427.880 million. The project will provide for affordable and convenient transport for passengers using the New Islamabad International Airport.  
  3. 5 MGD (Millions of Gallons per Day) Reverse Osmosis Sea Water Plant for Gwadar City at a total cost of Rs. 5,071.43 million. Under this project sea water will be desalinated for catering to the drinking and other requirements of Gwadar City and adjoining areas. The Federal Government has also agreed to increase its financing share from 50% to 67% and the remaining 33% will be financed by the Government of Balochistan.

Related News

Name Price/Vol %Chg/NChg
KSE100 154,893.21
122.41M
0.29%
453.53
ALLSHR 94,857.60
480.21M
0.20%
189.44
KSE30 47,279.46
61.07M
0.34%
159.55
KMI30 226,267.31
63.01M
0.06%
141.60
KMIALLSHR 63,646.87
211.42M
0.12%
77.82
BKTi 41,756.37
22.37M
0.32%
133.55
OGTi 31,518.28
5.51M
0.09%
29.50
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 116,045.00 117,240.00
115,160.00
-1220.00
-1.04%
BRENT CRUDE 67.23 67.52
66.78
0.24
0.36%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-1.20
-1.41%
ROTTERDAM COAL MONTHLY 93.00 93.25
92.75
0.00
0.00%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 62.94 63.24
62.52
0.25
0.40%
SUGAR #11 WORLD 15.91 15.98
15.84
0.12
0.76%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg