Staff Reporter
Islamabad
The government has released funds amounting to Rs1329.928 million, during the first five 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 Rs 1,786.160 million.
According to the official data, the government has authorized/disbursed an amount of Rs 1329.928 million for the projects as of November 27. As per the to the PSDP details, the government has earmarked an amount of Rs 1,662.684 million for five ongoing projects, out of which Rs 100 million would be spent in 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, Rs 303.160 million for supply of 13.5 Million Cubic Feet per Day gas to Dhabeji Special Economic Zone.