{
  "id": 249799,
  "title": "Central Development Working Party approves Karachi's Rs172bn K-IV project, eyes completion by June next year",
  "url": "https://urgent.news/2026/08/07/central-development-working-party-approves-karachis-rs172bn-k-iv",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-07T03:26:06.000Z",
  "source": {
    "name": "Dawn Business",
    "slug": "dawn-business",
    "url": "https://www.dawn.com/news/2021172/central-development-working-party-approves-karachis-rs172bn-k-iv-project-eyes-completion-by-june-next-year"
  },
  "original_language": "en",
  "account": "The Greater Karachi Bulk Water Supply Scheme (K-IV), a project aimed at providing water to Pakistan's largest city, has faced a staggering 975% cost increase to Rs172 billion and a capacity reduction to 260 million gallons per day (MGD). Initially planned to be completed by October 2023, the project is now expected to be finished by June of the following year due to financing issues, according to Wapda Chairman Gen Muhammad Saeed. The Greater Karachi Bulk Water Supply Scheme, which was envisioned as a lifeline for Karachi, has seen its 650MGD capacity reduced by two-thirds. The project, initially estimated to cost Rs15.8 billion, was revised to Rs25.5 billion in 2014 after the inclusion of a 50MW power supply and other infrastructure. Despite its central role in the city's water supply, the K-IV project cost escalation has raised concerns among officials.",
  "summary": "• Karachi’s lifeline scheme faces cost escalation of almost 1,000pc, capacity slashed to 260MGD • Project for establishment of space centre referred to Ecnec • Six other schemes worth Rs81bn cleared ISLAMABAD: The Greater Karachi Bulk Water Supply Scheme (K-IV) is facing a massive 975 per cent cost escalation to Rs172 billion and a huge time overrun of over 13 years, even though it is far from…",
  "key_points": [
    "Greater Karachi Bulk Water Supply Scheme (K-IV) project cost increased 975% to Rs172 billion.",
    "Completion date shifted from October 2023 to June next year due to financing issues.",
    "Project capacity reduced from 650 MGD to 260 MGD."
  ],
  "editors_take": "The project's massive cost escalation and reduced capacity undermine its potential to alleviate Karachi's water supply crisis, despite its planned completion by June next year.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}