ECNEC approves various energy, poverty alleviation projects

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) Tuesday approved various energy, poverty alleviation, railways and access to justice projects with specific costs.

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According to PM Office media wing, ECNEC meeting was chaired by Prime Minister Shahid Khaqan Abbasi.

The Diamer Basha Dam Project (only dam component) was approved at a total rationalized cost of Rs 474,000 million.

The dam will have a 6.4 MAF live storage capacity and installed power capacity of 4,500 MW. After completion, the project will increase national water storage capacity of Pakistan from 38 days to 45 days and will enhance life span on downstream reservoirs, including Tarbela Dam.

Revision of Gawadar-Lasbela Livelihoods Support Project was approved at a total rationalized cost of Rs 2,998.10 million.

The project, aimed at poverty diminution in two districts of Balochistan, comprises major initiatives, including community development, fisheries development and rural infrastructure improvement.

The ECNEC  also approved replacement of old and obsolete signal gear from Lodhran-Multan-Khanewal-Shahdara Bagh main line section of Pakistan Railways (revised) at a total rationalized cost of Rs 18,346.60 million.

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