and approved 30 development projects.
He said, “It is the commitment of Prime Minister to overcome energy crisis by 2018 and development projects reflect priority to energy sector, infrastructure and knowledge initiatives”. Three projects on energy have been recommended to the ECNEC in the last CDWP meeting held on 1st October this year. The first was 20 MW Hydropower Project Hanzel Gilgit, which will cost Rs6.248 billion. Rs1 billion has already been allocated in the PSDP 2015-16. Another project is 220 KV transmission system network reinforcement in Islamabad and Burhan costing Rs3.5 billion with Rs250 million allocation this year. The third project of the energy sector recommended to the ECNEC was 1410 MW Tarbela 5th Extension Hydropower Project costing Rs80 billion.
Cost rationalisation process has not only discouraged waste in the public sector but it has also secured greater value for the public money. “Public funds, earmarked for development, ought to be spent transparently to create highest value as we are answerable to the people of Pakistan”, he said.
Vision 2025 is the roadmap to growth and development in Pakistan and Planning Commission is following its development manifesto in letter and spirit. In the last two years, the HEC budget has been increased from Rs48 billion to Rs78 billion and 38 projects of universities have been approved showing commitment of the government to higher education and youth” he said.
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