Business News

ISLAMABAD, July 4 (APP): The government has released
Rs.539115.990 million out of total Rs.700,000 million allocated for
various water and power projects in Public Sector Development Programme
(PSDP) 2015-16.
According to the Planning Commission data, an amount of
Rs.66351.416 million out of total Rs.122,821.605 million allocated during the last fiscal year was released for various water related projects.
Similarly, a sum of Rs.29,724 million out of total Rs32,370 million
earmarked during the said period was released for power related projects
under PSDP,
A sum of Rs.7131 million was released for Kachhi Caanal Project
(Phase-I), Rs.1029 million for construction of 100 delay action dams in
Balochistan, Rs.1166.767 million for construction of small storage dams in
Sindh, Rs.2973.233 million for extension of Right Bank Outfall Drain from
Sehwan to Sea, Rs.1000 million each for Rainee Canal (Phase-1) and Raising
of Mangla dam and Rs.1300 million for remedial measures to control
waterlogging (Muzaffargarh).
A sum of Rs.1103 million was released for construction of Basool dam
(Balochistan), Rs.2745.119 million for Nai Gaj Dam,Rs.1000 million for
Darwat dam, Rs.200 million for Kurram Tangi dam and Rs.800 million for
Balochistan Effluent Disposal Structure (Bolan).
An amount of Rs.10,000 million was released for construction of Diamer
Basha dam, Rs.23080 million for 1200 MW LNG Based Power Plant Baloki,
Rs.30,920 million for 1200 MW LNG Based Power Plant and Rs.1568 million
for acquisition for convertor station and ground station at both ends of 600
KV HVDC transmission line from Matiari to Lahore.