CDWP gives thumbs-up to projects that will cost Rs169.6b; will be financed by PSDP.

Finance minister asks navy to go through the joint staff headquarters of the armed forces first

He says board gave approval after seeking legal opinion.

Considers its merger with NBP or making it subsidiary.

Total releases under Extended Fund Facility to reach $3.7 billion

Its board has not yet approved the bidding case, says govt official.

After the release of seventh tranche, the total disbursements under the programme would now reach to $3.7 billion

Price set at Rs250m, company to also take over all outstanding liabilities of Heavy Electrical Complex.

Terms it an attempt to mislead accounts watchdog

Seeks solid guarantees for picking up all liabilities of the state-owned company along with Rs250 million in cash