Over 50% of K-IV stage-1 physical work completed

News Image

MG News | November 28, 2024 at 11:06 AM GMT+05:00

0:00

November 28, 2024 (MLN): More than 50% of the physical work on Stage-1 of the Greater Karachi Bulk Water Supply Scheme (K-IV) has been completed.

Moreover, the stage-I of K-IV is likely to be completed by June 2026 which will supply 260 million gallons per day (MGD) of water to the port city, APP reported citing official sources.

The K-IV is being executed by the Water and Power Development Authority (WAPDA) at Rs 126 billion, the sources said.

They said a sum of over Rs 56.44bn has been spent on the project, so far.

Rapid construction work on various sites of the project, including intake works, pumping stations, pressurized pipeline, access road, project offices, and project colony was being carried out, the sources said.

K-IV Project envisages providing 650 million gallons per day (MGD) of water to Karachi from Keenjhar Lake.

The project is planned to be completed in two phases. At present, WAPDA is constructing Phase-I of the project to supply 260 MGD water to Karachi. Phase II, when implemented, will also augment another 390 MGD of water to the system for Karachi.

It is pertinent to mention here that the K-IV project was approved in 2014 by the then government and an amount of Rs849 million had been specified for the project in the budget 2014-15.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 148,617.78
624.60M
0.86%
1274.27
ALLSHR 91,685.08
1,340.28M
0.74%
669.39
KSE30 45,247.79
197.43M
0.83%
370.74
KMI30 212,370.79
224.51M
1.05%
2209.48
KMIALLSHR 61,227.89
711.87M
1.18%
715.56
BKTi 41,264.02
160.39M
0.54%
221.73
OGTi 30,019.10
23.63M
0.64%
190.41
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,265.00 113,390.00
108,020.00
-4475.00
-3.97%
BRENT CRUDE 67.46 67.94
67.29
-0.52
-0.76%
RICHARDS BAY COAL MONTHLY 88.70 88.70
88.70
-0.75
-0.84%
ROTTERDAM COAL MONTHLY 96.15 96.75
96.00
-0.40
-0.41%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.01 64.55
63.88
-0.59
-0.91%
SUGAR #11 WORLD 16.34 16.52
16.33
-0.14
-0.85%

Chart of the Day


Latest News
August 30, 2025 at 04:28 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


August 29, 2025 at 06:04 PM GMT+05:00

SCRA inflows offset Rs8.5bn net selling


August 29, 2025 at 05:46 PM GMT+05:00

SECP cuts bonus, right issue timelines



Top 5 things to watch in this week

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