ISLAMABAD – Prime Minister Shahid Khaqan Abbasi chaired a meeting of theExecutive Committee of the National Economic Council in Islamabad onTuesday.

The meeting approved Diamer-Bhasha Dam Project at a total rationalized costof 474,000 million rupees. The dam will have a 6.4 MAF live storagecapacity and installed power capacity of 4,500 MW. After completion, theproject will increase national water storage capacity of the country from38 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 atotal rationalized cost of 2,998.10 million rupees. The project aims atpoverty reduction in two districts of Balochistan naming Gawadar andLasbella. This project comprises of major initiatives including communitydevelopment, fisheries development and rural infrastructure improvement.

Evacuation of Power from 1320 MW RLNG Power Plant near Trimmu, Jhang wasapproved at a total rationalized cost of 4,231.83 million rupees.

Revision of the federal program under ‘Access to Justice Program’ wasaccorded approval at a total rationalized cost of 4,711.981 million rupees.The ongoing project aims at implementing legislative, judicial, police andadministrative reforms with construction of required physicalinfrastructure including office buildings.

ECNEC also approved replacement of old and obsolete Signal Gear fromLodhran-Multan-Khanewal-Shahdara Bagh Main Line Section of PakistanRailways at a total rationalized cost of 18,346.60 million rupees.