CDWP clears CPEC project worth RMB 14775 million
Newswire
Islamabad: Pakistan’s Central Development Working Party (CDWP) this week recommended a China-Pakistan Economic Corridor (CPEC) project worth Pakistani Rs 567453.369 million (RMB 14775 million) to the Executive Committee of the National Economic Council (ECNEC).
The project related to Transport & Communication sector presented in the meeting namely “China Pakistan Economic Corridor (CPEC) Karakorum Highway (KKH) Phase-I (Thakot to Raikot) was sent to ECNEC for approval.
The project is proposed to be financed through Chinese soft loan. The PC-I of the project envisages up gradation, improvement and realigning of the KKH road from Thakot to Raikot bridge.
The total length of the road is 241.086 Kilometres (KM), with the mainline of KKH of 224.911 KM & link roads of 16.175 KM.
The project includes up gradation of KKH from Thakot to Dasu with bypass (103Km), exclusive relocation of KKH at Dasu dam being done by WAPDA, up gradation of the excising rad from Sazin to Thor Nullah & R-1 and new construction of KKH after Basha/ Thor Nullah. The project will be completed in 5 years.
The CDWP meeting was held in Islamabad. The CDWP recommended two projects worth Rs 609.45 billion to the ECNEC for consideration.
The meeting was attended by Secretary Planning Awais Manzur Sumra, Additional Secretary Planning, JCE (OPS), JCE (EP), Members of the Planning Commission, as well as representatives from Federal Ministries and Provincial Governments.
The agenda included discussions on projects of Transport & Communication, and Energy sectors. A project related to Energy sector presented in the meeting namely “Golden Gol Hydropower Project (108 MW) Chitral, (2nd Revised)” worth Rs. 42,002 million recommend to ECNEC for further consideration. The main objective of the project was construction of 108 MW hydropower project with an annual energy of about 476 GWh.
The project was commissioned in 2019 and has generated a total of 730 million units till 28.02.2024. the scope of work is Preliminary Works, Civil Works & Hydraulic Steel Structure, Hydro-Mechanical Equipment & Electrical Equipment (Three Vertical shaft generators of 45MVA) Transmission System & Expansion 145 km, 132 kV double circuit 53 Km transmission line Golen Gol to Timergara, 132 kV single circuit line from Timergara to Chakdara and Post Flood Rehabilitation Works were part of the project scope.
