Rs10 billion released for NHA projects under PSDP so far

News Image

By MG News | September 17, 2019 at 10:48 AM GMT+05:00

0:00

Sep 17: Out of the total allocation of Rs154966.835 million for National Highway Authority (NHA) road projects under Public Sector Development Programme (PSDP), the government of Pakistan has released Rs10125.294million so far.

An official source on Tuesday informed that for construction of 4-lane bridge across Indus River linking Layyah with Taunsa including 2-lane approach road and river training works having 24 km length a total of Rs1000 million have been allocated out of which Rs200 million have been released.

He said that for construction of 18.3 km six-lane highway from Kala Shah Kaku to Lahore Ring Road including over Ravi River (Lahore Eastern Bypass) a total of Rs1090.589 have been earmarked out of which Rs218.118 have been released.

He said that Rs1931.980 million have been earmarked for construction of 29.1 Burhan-Havelian Expressway (E-35) 29.1 Km (Revised) out of which Rs 230 million have been issued whereas out of Rs 5000 million allocated for Construction of Faisalabad-Khanewal (M-4), 184-km out of which Rs 230 million have been released.

For dualization and Improvement of Pindigheb- Kohat Road Rs2000 million have been earmarked out of which Rs 400 million have been issued so far, he said adding that for improvement and widening of additional two-lanes on either side of Thokar Niaz Baig to Hudyiara Drain Multan Road N-5, Rs1000 million have been allocated while Rs 200 million have been released.

For improvement, up-gradation and widening of Jaglot - Skardu Road (S-1,167 km) Rs3500 million have been allocated out of which Rs200 million have been issued, he said adding that for Lahore-Multan Motorway (M-3 section) of Karachi - Lahore Motorway, Rs4500 million have been allocated out of which Rs900 million have been released so far.

The official said that for land acquisition, affected Properties Compensation and Relocation of Utilities for Construction of 6-Lane Highway from Kala Shah Kaku to Lahore Ring Road (18.3 KM) Including bridge over Ravi River (Lahore Eastern Bypass) Rs1250 million have been allocated out of which Rs150 million have been released.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 126,268.30
2.12M
0.51%
640.98
ALLSHR 78,924.71
14.69M
0.43%
339.99
KSE30 38,343.23
0.35M
0.50%
189.44
KMI30 185,387.68
0.62M
0.27%
501.19
KMIALLSHR 53,931.18
7.43M
0.31%
167.37
BKTi 32,005.92
0.35M
0.26%
84.24
OGTi 27,858.88
0.04M
0.31%
84.90
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,690.00 108,105.00
107,505.00
-545.00
-0.50%
BRENT CRUDE 66.41 66.63
66.34
-0.33
-0.49%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.76 65.02
64.67
-0.35
-0.54%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%

Chart of the Day


Latest News
July 01, 2025 at 09:30 AM GMT+05:00

Asia markets mixed amid tariff uncertainty


July 01, 2025 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


June 30, 2025 at 11:55 PM GMT+05:00

TRG: Dominos Tumbling for the Management



Top 5 things to watch in this week

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