Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Two 50MW Power Plants in Tharparkar, other projects get PKR 1.71 billion

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The government also released Rs 300.188 million has been released for two Power Plants from Syngas (IGCC 2009) in Tharparkar, with each plant having capacity of producing 50 megawatt electricity while releasing an amount of Rs 350 million for Gwadar Development Authority.

The total cost of the Tharparker Power Plant had been estimated at Rs 8.898 billion, out of which Rs 300.188 were earmarked in the fiscal year 2017-18, which has already been released.

An amount of Rs 300 million have been released for development works in Phoolnagar and adjacent areas while an amount of Rs 250 million have been provided for flyover on Hala road bypass Pattoki overhead bridge connecting rural areas with Pattoki city.

The government also released Rs 137.335 million for bridge over Balloki Sulemanki Link at viallage Balloki to connect that entire areas with motorway and district Nankana while and amount of Rs150 have been released for construction of dual carriageway in Phoolnagar district Kasur.

An amount of Rs150 million has been released for Energization and Functionality of Construction and Extension of Audit House, Islamabad.

The government also released Rs 79.396 million for another important project related to automation of Central Directorate of National Savings (CDNS), Phase-II.

It is pertinent to mention here that in total the government has released over Rs 607.44 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes against the total allocations of Rs 1,001 billion.

The Planning Commission of Pakistan follows the stipulated mechanism for release of funds: first quarter (July-September) 20 per cent, second quarter (October-December) 20 per cent, third quarter (January-March) 30 per cent and fourth quarter (April-June) 30 per cent.

Posted on: 2018-04-10T13:52:00+05:00