AGL 39.51 Decreased By ▼ -0.49 (-1.23%)
AIRLINK 128.99 Decreased By ▼ -0.07 (-0.05%)
BOP 6.83 Increased By ▲ 0.08 (1.19%)
CNERGY 4.69 Increased By ▲ 0.20 (4.45%)
DCL 8.46 Decreased By ▼ -0.09 (-1.05%)
DFML 41.10 Increased By ▲ 0.28 (0.69%)
DGKC 82.70 Increased By ▲ 1.74 (2.15%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 73.99 Decreased By ▼ -0.44 (-0.59%)
FFL 11.87 Increased By ▲ 0.13 (1.11%)
HUBC 110.75 Increased By ▲ 1.17 (1.07%)
HUMNL 14.25 Increased By ▲ 0.50 (3.64%)
KEL 5.21 Decreased By ▼ -0.10 (-1.88%)
KOSM 7.52 Decreased By ▼ -0.20 (-2.59%)
MLCF 39.11 Increased By ▲ 0.51 (1.32%)
NBP 63.92 Increased By ▲ 0.41 (0.65%)
OGDC 193.50 Decreased By ▼ -1.19 (-0.61%)
PAEL 25.62 Decreased By ▼ -0.09 (-0.35%)
PIBTL 7.33 Decreased By ▼ -0.06 (-0.81%)
PPL 153.97 Decreased By ▼ -1.48 (-0.95%)
PRL 25.74 Decreased By ▼ -0.05 (-0.19%)
PTC 17.49 Decreased By ▼ -0.01 (-0.06%)
SEARL 81.41 Increased By ▲ 2.76 (3.51%)
TELE 7.68 Decreased By ▼ -0.18 (-2.29%)
TOMCL 33.48 Decreased By ▼ -0.25 (-0.74%)
TPLP 8.53 Increased By ▲ 0.13 (1.55%)
TREET 16.49 Increased By ▲ 0.22 (1.35%)
TRG 56.90 Decreased By ▼ -1.32 (-2.27%)
UNITY 27.50 Increased By ▲ 0.01 (0.04%)
WTL 1.38 Decreased By ▼ -0.01 (-0.72%)
BR100 10,527 Increased By 81.8 (0.78%)
BR30 31,192 Increased By 2.8 (0.01%)
KSE100 98,363 Increased By 564.4 (0.58%)
KSE30 30,689 Increased By 208.4 (0.68%)

National Highway Authority (NHA) Executive Board approved the annual maintenance plan of NHA for 2012-13 and allowed insurance bonds from AA rated insurance companies for bid security and performance security allowed as per Pakistan Engineering Council standards. These decisions were taken in the Board meeting held with Chairman NHA, Syed Muhammad Ali Gardezi in the chair here on Tuesday.
The Executive Board approved the dualisation and rehabilitation of 3.7-km old GT Road in Renala Khurd at a cost of Rs 99.982 million, allowed insurance bonds from AA rated insurance companies for bid security and performance security allowed as per Pakistan Engineering Council standards, approved the revised PC-1 of Makran Coastal Highway and construction of Takht Bhai Flyover. Two lane flyovers will be 1.14-km long and Rs 50 million have been allocated in current financial year. The Board approved Deharr Road from Khad Pul to Pul Khadul in Multan, while various aspects of revised PC-1 of Qazi Ahmad Bridge were also discussed.
NHA chairman informed the Board that sufficient funds have been provided to NHA for the financial year 2012-13, which will enable NHA to carry on all its projects. Province-wise allocation of funds will help NHA to allocate more funds for near completion projects and complete them in time, NHA chairman maintained. He further said that to review the progress of maintenance work of various NHA projects, he visited from Islamabad to Karachi by-road in past few weeks following which a maintenance plan for 2012-13 has been prepared with more focused approach and fixed responsibilities.
NHA's best officers have been made team leaders who will directly report to the chairman, which would add to the efficiency of NHA officials and bring good results in the maintenance plan, NHA chairman added. The members decided that quarterly report may be presented before the executive board for review. The Board also discussed toll rates and its receipt. The meeting was attended by members from Finance division, Planning Commission, Ministry of Communications, NH&MP and NTRC.

Copyright Business Recorder, 2012

Comments

Comments are closed.