AIRLINK 191.00 Decreased By ▼ -5.65 (-2.87%)
BOP 10.15 Increased By ▲ 0.01 (0.1%)
CNERGY 6.75 Increased By ▲ 0.06 (0.9%)
FCCL 34.35 Increased By ▲ 1.33 (4.03%)
FFL 17.42 Increased By ▲ 0.77 (4.62%)
FLYNG 23.80 Increased By ▲ 1.35 (6.01%)
HUBC 126.30 Decreased By ▼ -0.99 (-0.78%)
HUMNL 13.80 Decreased By ▼ -0.10 (-0.72%)
KEL 4.75 Decreased By ▼ -0.01 (-0.21%)
KOSM 6.55 Increased By ▲ 0.18 (2.83%)
MLCF 43.35 Increased By ▲ 1.13 (2.68%)
OGDC 226.45 Increased By ▲ 13.42 (6.3%)
PACE 7.35 Increased By ▲ 0.34 (4.85%)
PAEL 41.96 Increased By ▲ 1.09 (2.67%)
PIAHCLA 17.24 Increased By ▲ 0.42 (2.5%)
PIBTL 8.45 Increased By ▲ 0.16 (1.93%)
POWER 9.05 Increased By ▲ 0.23 (2.61%)
PPL 194.30 Increased By ▲ 10.73 (5.85%)
PRL 37.50 Decreased By ▼ -0.77 (-2.01%)
PTC 24.05 Decreased By ▼ -0.02 (-0.08%)
SEARL 94.97 Decreased By ▼ -0.14 (-0.15%)
SILK 1.00 No Change ▼ 0.00 (0%)
SSGC 40.00 Decreased By ▼ -0.31 (-0.77%)
SYM 17.80 Decreased By ▼ -0.41 (-2.25%)
TELE 8.72 Decreased By ▼ -0.01 (-0.11%)
TPLP 12.46 Increased By ▲ 0.25 (2.05%)
TRG 62.74 Decreased By ▼ -1.62 (-2.52%)
WAVESAPP 10.35 Decreased By ▼ -0.09 (-0.86%)
WTL 1.73 Decreased By ▼ -0.06 (-3.35%)
YOUW 4.02 Increased By ▲ 0.02 (0.5%)
BR100 11,814 Increased By 90.4 (0.77%)
BR30 36,234 Increased By 874.6 (2.47%)
KSE100 113,247 Increased By 609 (0.54%)
KSE30 35,712 Increased By 253.6 (0.72%)

ISLAMABAD: Minister for Planning, Development, and Special Initiatives Asad Umar held a meeting to discuss progress on Greater Karachi Water Supply Project (K-IV), and decided to send a summary of the change of execution agency to the Executive Committee of the National Economic Council (ECNEC), so that the WAPDA could formally take over the project.

MNA Najeeb Haroon, chairman WAPDA, P&D Sindh chairman, Ministry of Water Resources, and senior officials attended the meeting.

In the meeting, the WAPDA was given the go-ahead to hire a consultant at earliest to review the technical issues, and give the go-ahead for the final decision on which the revised PC-1 will be made.

The chairman WAPDA gave a detailed presentation on the project including its physical and financial progress, issues associated with the project, and decisions required for implementation of the project under new arrangements.

The Sindh government assured that the remaining land acquisitions would be completed at earliest.

The meeting emphasised that there is a severe water shortage in Karachi, and therefore, the project needs to be carried out on a fast track, and all the agencies involved are committed to fast track/prioritising the project.

In the previous meeting on the Greater Karachi Water Supply Project (K-IV), Minister Asad Umar had directed the WAPDA to immediately take over the implementation responsibilities of Greater Karachi Supply Project (K-IV), and complete it within the shortest possible time.

He had also directed to develop action plans with clear deadlines for its execution on fast pace.

The Greater Karachi Water Supply Scheme (Phase-1) was approved by the ECNEC for supplying 260MGD of water to Karachi metropolitan, which is being taken up for implementation by the federal government as part of the prime minister's package for Karachi.

Under the financing mechanism, the project cost was shared by the federal and provincial governments on 50:50 ratio.

Copyright Business Recorder, 2020

Comments

Comments are closed.