AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

Capital Development Authority (CDA) in line with its policy to complete the development works in the stalled sectors has approved Rs 210.552 million for installation and provision of gas network in sector I-14.

The payment would likely be made to Sui Northern Gas Pipelines Limited (SNGPL) in next few days and after that SNGPL will start work on the provision of gas in the leftover areas of sector I-14.

Provision of natural gas to sector I-14 was a longstanding demand of residents of the sector as the matter had been pending since 1989. However, incumbent management has now resolved the longstanding issue of the sector and has approved the release of funds amounting to Rs 210 million.

Under this project, the SNGPL would lay 3,470 meters long gas pipe of four inches diameter and will further establish door to door gas network in residual area of sector I-14. Moreover, 29,250 meter long pipeline of two inches diameter would be also laid in addition to up-gradation of existing gas network and infrastructure in the sector.

The Capital Development Authority Development Working Party (CDA-DWP) in its 45th meeting held in October last approved PC-I amounting to Rs 3,112.162 million for carrying out development works in sector I-11. Consequent upon approval of project cost, concerned formations were directed to fulfill codal formalities so that works pertaining to respective formations be carried out simultaneously. In this context, the SNGPL was approached to furnish demand notice for provision of gas infrastructure in the residual area of the sector. After complete survey, demand draft was furnished which was processed and has been accordingly approved by the authority.

It is pertinent to mention here that incumbent management of the authority acting upon effective policy to take up development of stalled sectors took consolidated steps. Development works on different projects are in progress, a few are at advance stages and many are in pipeline, said the CDA.

Copyright Business Recorder, 2020

Comments

Comments are closed.