{"id":207461,"date":"2021-08-03T07:42:39","date_gmt":"2021-08-03T02:42:39","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=207461"},"modified":"2021-08-03T07:42:39","modified_gmt":"2021-08-03T02:42:39","slug":"kp-govt-took-rs-53320mln-loan-for-brt-project-pa-told","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/kp-govt-took-rs-53320mln-loan-for-brt-project-pa-told\/","title":{"rendered":"KP Govt took Rs 53,320mln loan for BRT project: PA told"},"content":{"rendered":"<p> PESHAWAR<br \/>\nThe Khyber Pakhtunkhwa government took Rs 53,230 million loans for execution of Bus Rapid Transit project in the provincial capital and repayment of the loan would start from 2023 and end in 2042.<br \/>\nKP Government spokesman Kamran Bangash giving details of the BRT loans informed the House that as per the original PC-1 of the project, $ 400 million loan at the rate of Rs 104.7 was taken from ADP while under the amended PC-1 an additional amount of $ 8.384million at the rate of Rs 112 was also taken and later 75 million Euro more were acquired at the rate of Rs 140.<br \/>\nHe said it would be premature to estimate the total repayment amount of the loan as the repayment would start from 2023 and the repayment would depend on the rate of Euro and US dollar at that time.<br \/>\nBangash said that the BRT project was initiated with sole intention of improving road traffic conditions in Peshawar, adding that the BRT service is fully operational with 158 buses and all BRT stations functional as well. He said that five out of a total seven BRT feeder routes were fully operational.<br \/>\nRegarding average beneficiaries per day, he said that despite COVID restrictions an average 1,75,000 beneficiaries were travelling through BRT on a daily basis, while in normal condition and operation of the remaining feeder routes the number could increase manifold.<br \/>\nTo a question he said that the project would be extended to Nowshera, Mardan and Charsadda districts and during the next two years the government would spend Rs 100 billion on the project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PESHAWAR The Khyber Pakhtunkhwa government took Rs 53,230 million loans for execution of Bus Rapid Transit project in the provincial capital and repayment of the loan would start from 2023 and end in 2042. KP Government spokesman Kamran Bangash giving details of the BRT loans informed the House that as per the original PC-1 of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-207461","post","type-post","status-publish","format-standard","category-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KP Govt took Rs 53,320mln loan for BRT project: PA told<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/kp-govt-took-rs-53320mln-loan-for-brt-project-pa-told\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KP Govt took Rs 53,320mln loan for BRT project: PA told\" \/>\n<meta property=\"og:description\" content=\"PESHAWAR The Khyber Pakhtunkhwa government took Rs 53,230 million loans for execution of Bus Rapid Transit project in the provincial capital and repayment of the loan would start from 2023 and end in 2042. 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