Monday, May 6, 2024
12.5 C
Chitral
spot_img
More

    KP cabinet approved the rehabilitation and restoration of the 17-megawatt (MW) Ranolia Hydropower Project

    KP cabinet approved the rehabilitation and restoration of the 17-megawatt (MW) Ranolia Hydropower Project

    Chitral Times Report

    PESHAWAR: The Khyber Pakhtunkhwa Cabinet which met under the
    chairmanship of Chief Minister Sardar Ali Amin Gandapur Tuesday
    took several decisions about energy production, education, food
    security, procurement of wheat, and sustainable development and
    issues related to the day-to-day affairs of the Province.
     

    The cabinet approved the rehabilitation and restoration of
    the 17-megawatt (MW) Ranolia Hydropower Project in
    Kohistan Lower. The Provincial Development Working Party
    (PDWP) had already approved the project at a cost of Rs.8.1
    billion with the condition that the same will be processed for the
    approval of the provincial cabinet for inclusion as non-ADP
    scheme. The cabinet approved its inclusion as non-ADP scheme
    and its financial assistance from the Asian Development Bank.
      
     The cabinet also approved the acquisition of 327 kanal
    land for 88 MW Gabral Kalam Hydropower project being
    financed by the World Bank in District Swat. The provision of
    the revision already existed in the approved PC-1 of the project.
    On commissioning the project is expected to generate over
    Rs.7.4 billion incomes per year for the Province.
     
     
    It also approved the additional compensation in respect of
    land and built-up property based on an independent valuation
    study for executing the 300 MW Balakot Hydropower project
    on Kunhar River Manshera. The enhancement of this
    compensation (Rs. 286.362 million) is in line with the
    recommendations of the consultant (M/S Anderson Consulting
    Services), the welfare of the people of the area, and ensuring a
    friendly environment for engineers and workers at the project
    site. It has been estimated that once commissioned this amount

    will be recovered within four days from the income generated
    from this project.
     

     The cabinet approved the shifting of manual registration
    books to automated motor vehicle registration smart cards. The
    Excise and Taxation Department had already signed MOU with
    the National Security Printing Company (NSPC) of the Federal
    Government for the provision of registration certificates and
    supply of smart cards in 2022. The rates of such registration and
    cards will be Rs. 574/- as compared to Rs. 1475/- of Islamabad,
    Rs.530/- Punjab and Rs. 1600/- Sindh.
     

    The cabinet also approved the utilization of the funds of
    the defunct FATA Development Authority amounting to Rs. 500
    million and the Rs. 43 million accumulated mark up over it
    under the accelerated implementation program in the merged
    districts.  Small enterprises will be microfinance on an interest-
    free basis (Akhuwat Islamic Microfinance) from this revolving
    fund in the merged districts.
    It also approved the acquisition of over 34 kanal land for
    the construction of the Judicial Complex at Panah Kot Upper
    Dir.
     
    The cabinet approved the enactment of Khyber
    Pakhtunkhwa Registration of Godown Rules 2022 as required
    by the KP Godown Registration Act 2021. The Act provides for
    the registration and regulation of Godowns ensuring a
    comprehensive system regarding the stable supply and
    availability of goods and for matters connected therewith.
     
     
    The cabinet approved the provision of free and quality
    education from class 7 th  to 12 th  for talented students of
    government schools of the Province in Quality Education
    Institutions of the Province. On the proposal of the Chief

    Minister, the cabinet decided to double both the amount of
    monthly scholarship and the number of such talented but poor
    beneficiary students of the scheme from the next academic year.
    The cabinet also directed to ensure no student is left without
    education because of the nonavailability of textbooks and
    related facilities. It also directed that a study be conducted to
    compare the quality and cost of the textbooks published by the
    government and private sector. The utilization of old textbooks
    was also approved in the larger interest of the people of the
    Province.
     
    The Cabinet conditionally approved the proposal of
    establishing the National Industrial Development and
    Regulatory Authority (NIDRA) as required under the
    constitution to enable the Federal Government to unify all the
    entities like Economic Zones – Special Economic Zones (SEZs),
    Tax Free Zones, Integrated Tourism Zones (ITZs), Special
    Technology Zones (STZs) and Expert Processing Zones (EPZs).
    It is worth mentioning that a working group set up by Special
    Investment Facilitation Council (SIFC) for SEZs chaired by
    Chairman Privatization Commission had proposed the
    unification of all the above entities. However, such unification
    will as per the constitution require the provincial government’s
    approval and entrusting its authority unconditionally to the
    Federal Government. After this approval, the aforementioned
    NIDRA will under the executive and legislative authority
    assume all roles to the extent of zones, required to establish,
    regulate, develop, operate, and manage them under the NIDRA
    law. All roles of federal entities will be shifted to NIDRA as per
    the provisions of its Law. Though almost all the above entities
    have been originally established under federal legislation but the
    present approval was given with the express condition that “the
    incentives extended under SEZ, EPZ, & STZA shall be brought
    under the umbrella of a single organization to facilitate
    investors. The operations, management & administrative control
    of the zones and industrial estate should remain with provinces
    for better facilitation of investors.”

     
    After a threadbare discussion, the cabinet approved the
    procurement of 600,000 Metric tons of wheat for the current
    year.  The rate of 40 kg wheat was fixed as Rs.3900/- just like
    the rate of the Federal, Punjab and Baluchistan Governments. 
    The cabinet strictly directed the concerned authorities that
    both the quality and quantity of the wheat so procured plus
    transparency at every step of the process be ensured. It was
    also decided that the interest of the local growers should be
    protected at all costs. For this purpose, a comprehensive work
    plan and SoPs starting from the district level to the divisional
    and provincial levels were also chalked out and approved.

    spot_img

    Hot Topics

    Related Articles