The Executive Committee of the National Economic Council (ECNEC) here on approved five development projects in energy sector amounting to Rs.1303.0 billion.
The ECNEC met under the chairmanship of Finance Minister Senator Ishaq Dar.
The meeting approved K-I and K-II Nuclear Projects situated in Karachi (Province Sindh, generation capacity 2200 MW, cost Rs.958729.0 million) Nandipur (Province Punjab, generation capacity 425 MW, cost Rs.57380 million), Neelum-Jhelum hydro electric project (AJK, generation capacity 969 MW, cost Rs.274.0 billion). In his opening remarks, Senator Ishaq Dar said that ECNEC is a premier constitutional body where all projects amounting to more than one billion are approved.
The revised PC-I cost for the project is Rs.4689.0 million against original cost of Rs.2191.0 million.
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