“The first reason being that the water board and consultant Osmani & Co (Pvt) Ltd underestimated the project’s transmission line cost in the current PC-I. Like CETP, the design work for K-IV bulk water supply project was also awarded to the private consultant Osmani & Co, which made several errors in project cost estimation. “When the tender for this was awarded to Techno Consultants, the dollar was valued at Rs140 but by the time the company produced the project design, the project cost had risen due to subsidies. Further adding that the revised PC-I has not been submitted yet, the consultant is setting up the revised PC-I and it is expected that the revised it will be submitted soon. “However, work cannot be initiated under the current approved PC-I, approval of the revised PC-I is required and only then the project can be started.

Source: The Express Tribune February 05, 2020 04:35 UTC