Govt Releases Rs1,686.644 Mln For Petroleum Sector Projects In Seven Months
Muhammad Irfan Published February 14, 2021 | 02:20 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 14th Feb, 2021 ) :The government has released funds amounting to Rs1,686.644 million during first seven months of the current fiscal year to execute eight petroleum projects under the Public Sector Development Programme (PSDP 2020-21) against the total allocation of Rs1,786.160 million.
According to the official data, the government has authorized/disbursed an amount of Rs1686.644 million for the projects as of February 12.
As per the PSDP details, the government had earmarked an amount of Rs1,662.684 million for five ongoing projects, out of which Rs100 million were meant for expansion and up-gradation of Pakistan Petroleum Corehouse (PETCORE), Rs 6.524 million for exploration and evaluation of coal in Nosham and Bahlol areas of Balochistan, Rs303.160 million for supply of 13.
5 Million Cubic Feet per Day (MMCFD) gas to Dhabeji Special Economic Zone, Rs1,153 million for the supply of 30 MMCFD gas at the doorstep (Zero Point) of Rashakai Special Economic Zone Khyber Pakhtunkhwa and Rs100 million for up-gradation of HDIP's POL testing facilities at Islamabad, Lahore, Multan, Peshawar, Quetta and ISO Certification of Petroleum Testing Laboratory at Islamabad.
While Rs123.476 million had been kept for three new schemes, out of which Rs48 million were allocated for the establishment of National Minerals Data Centre, Rs 20 million for geological mapping of 50 Toposheets (out of 354 unmapped Toposheets) of outcrop area of Balochistan and Rs55.476 million for strengthening, up-gradation and ISO certification of Karachi Laboratories Complex (KLC) at HDIP Operations Office, Karachi.
/778
Related Topics
Recent Stories
ISSI, FES hold int'l moot 'Pakistan in the Emerging Geopolitical Landscape'
Anonymous allegations against PR chairman rejected
Dallas hosts Kashmiri diaspora: A convergence for environmental, peace advocacy
PML-N’s Central General Council to meet on May 11
Gillani calls for further promoting parliamentary relations between Pakistan, US
Massive financial, administrative scam unearthed at SCCI
Tennis: ATP/WTA Madrid Open results
FCCI welcomes Iranian president's visit
Chief Commissioner briefs Federal Minister Engr Amir Muqam about Raha Program
Millat Express stop at Bandhi extended
Govt. making all-out efforts to enhance energy mix to provide affordable electri ..
ATC adjourns hearing of May-9 violence case till May 11
More Stories From Business
-
Massive financial, administrative scam unearthed at SCCI
12 minutes ago -
FCCI welcomes Iranian president's visit
12 minutes ago -
Germany nudges up growth forecast, ailing economy at 'turning point'
59 minutes ago -
Jam Kamal leads efforts to enhance IT Capacity for trade monitoring
3 hours ago -
SECP pushes adoption of IFRS 17 by Insurance sector
3 hours ago -
PSX turns bullish, gains 692 more points
3 hours ago
-
RTO Peshawar makes historic seizure of illegal cigarettes worth Rs 162.6 mln
4 hours ago -
LCCI for deferment of SROs hurting businesses
4 hours ago -
Three schemes approved
4 hours ago -
PCJCCI keen to boost Peach industry in Swat
4 hours ago -
Rupee sheds 02 paisa against dollar
2 hours ago -
IPO to celebrate World Intellectual Property day on 26th April
4 hours ago