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CDWP Clears Two Projects Worth Rs. 609 Billion
The Central Development Working Party (CDWP) Thursday recommended two projects worth Rs. 609.45 billion to the Executive Committee of the National Economic Council (ECNEC) for consideration A project related to Energy sector presented in the meeting namely Golen Gol Hydropower Project (108 MW) Chitral, (2nd Revised) worth Rs. 42,002 million was recommended to ECNEC for further consideration. The sources of finance is OPEC Fund for International Development ($30 million) Saudi Fund for Development ($97.8 million) Kuwaiti Fund for Arab Economic Development ($52.5 million) USAID ($35.6 million grant). The main objective of the project is construction of 108 MW hydropower project with…