CDWP to approve projects worth Rs 59.6 bn by April

Islamabad: Central Development Working Party (CDWP) of Planning Commission is likely to recommend and approve 51 development projects worth Rs 59.6 billion in its meeting scheduled for April 30, it is learnt here on Monday.

According to the agenda, CDWP will consider 6 projects in energy sector worth Rs 23.6 billion.

Government is focusing on the energy sector projects to overcome the current power shortfall. The projects that CDWP will consider for approval include Electricity Distribution and Transmission Improvement Project (MEPCO) (Modified) worth Rs 195.606 million, Electricity Distribution and Transmission Improvement Project PC-II (IESCO) costing Rs 144.230 million, Rs 183 million Interconnection of IPPs with National Grid (Phase-II) for dispersal of power from 200 MW Nishat Power near Chunian project, Diber Khawar Hydropower project (130-MW) costing Rs 14217.395 million, Khan Khawar Hydropower project (72MW) worth Rs 7652.645 million and 4MW Hydropower Project Thak Chilas, (modified PC-I) at the cost of Rs 1113.90 million.

In Transport and Communication sector, the CDWP may recommend another big project to ECNEC for approval is Environment Friendly Public Transport System for major urban centre of Pakistan (Karachi, Lahore, Quetta, Peshawar, Faisalabad, Multan, Rawalpindi/ Islamabad, Hyderabad and Sukkur (PPP) at the cost of 5.billion.