ISLAMABAD: On Friday, the Executive Committee of National Economic Council (ECNEC) approved two projects worth Rs.172 billion. The accepted projects add Greater Karachi Water Supply Scheme K-IV (Phase I) and construction of marine related infrastructure for 6,600 MW Pakistan Power Park project at Gaddani, Balochistan.
Finance Minister Ishaq Dar chaired ECNEC was held in Islamabad on Friday.
In th time of the meeting, Finance Minister informed that under Greater Karachi Water Supply Scheme K-IV (Phase I) 260 million gals of water daily will be provided from the east bank of Keenjhar Lake in District Thatta to Karachi. The entire cost of Rs.25.5 billion, the cost will be shared 50 per cent each by the Federal Government and the Government of Sindh as directed by the Prime Minister, Ishaq Dar stated.