Prime Minister Shahid Khaqan Abbasi chaired a meeting of the Executive Committee of the National Economic Council (ECNEC) at PM Office today. Diamer Basha Dam Project (only Dam component) was approved at a total rationalized cost of Rs. 474,000 million. The Dam will have a 6.4 MAF live storage capacity and installed power capacity of 4,500 MW. After completion, the project will increase national water storage capacity of Pakistan from 38 days to 45 days and will enhance life span on downstream reservoirs including Tarbela Dam. Revision of Gawadar Lasbela Livelihoods Support Project was approved at a total rationalized cost of Rs. 2,998.10 million. The project aims at poverty reduction in two districts of Balochistan i.e. Gawadar & Lasbella. This project comprises of major initiatives including community development, fisheries development and rural infrastructure improvement. Evacuation of Power from 1,320 MW RLNG Power Plant near Trimmu, Jhang was approved at a total rationalized cost of Rs. 4,231.83 million. Revision of the federal program under ‘Access to Justice Program’ was accorded approval at a total rationalized cost of Rs. 4,711.981 million. The ongoing project aims at implementing legislative, judicial, police and administrative reforms with construction of required physical infrastructure including office buildings. ECNEC approved replacement of old and obsolete Signal Gear from Lodhran-Multan-Khanewal-Shahdara Bagh Main Line Section of Pakistan Railways (Revised) at a total rationalized cost of Rs. 18,346.60 million. The scope of work of this project also includes remodeling of Yousafwala Railway station and up-gradation of 24 unmanned railway level crossings into manned level crossings. *****
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