Friday, 4 December 2015

The country’s top economic decision-making body on Saturday approved the construction of the 230km Lahore-Multan section of the Karachi-Lahore Motorway but withheld clearance of a project for installing smart electricity meters due to a row between two key ministries

The $500 million project to install smart meters in areas supplied electricity by the Lahore and Islamabad power distribution companies was left unapproved after the ministries of planning and water and power were unable to reconcile their differences.

The chairman of the Executive Committee of National Economic Council (ECNEC), Finance Minister Ishaq Dar, asked both ministries on Saturday to sit down together and resolve their differences over the technology and specifications of the smart meters which are to be installed, a planning ministry official said.

Last month, the Central Development Working Party (CDWP), which is headed by Planning Minister Ahsan Iqbal, conditionally cleared both the projects after sitting over them for almost 10 months.

Read the full story here. 


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