Saturday, August 22, 2009

ECNEC approves five projects worth Rs 904.544bn


ISLAMABAD: The Executive Committee on National Economic Council (ECNEC) on Thursday approved five mega projects worth Rs. 904.544 billion in Gilgit Baltistan including controversial Diamer-Bhasha project.
The approved projects are Diamer Bhasha Dam-existing Karakuram High Way worth Rs 3.844 billion, construction of Diamer Bhasha Dam Rs 894.257 billion, 16 megawatts (MW) Hydropower Project Nalter -III, Rs 1.372 billion, 14MW Hydropower Project Nalter-V, Rs 1.715 billion and 26MW Shagrathang Hydropower Project, in Skurdu Rs 3.356 billion.

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