Chief Minister Gilgit-Baltistan Gulbar Khan has laid stone foundation of Shagharthang Power Project in Skardu.

The project will cost about 18 billion and will provide 26MW of electricity.

On the occasion Chief Minister said that after the completion of this project power shortages will be end in the region especially in District Skardu.

Meanwhile, the cabinet meeting of Gilgit Baltistan was held with Chief Minister Haji Gulber khan in the chair at Skardu.

Different issues regarding provincial development were come under discussion during the meeting.

After meeting, briefing to media persons, Provincial minister for Finance Engineer Muhammad Ismail said an agreement has been signed with the Norwegian government to generate electricity in Skardu.

He said the cabinet also decided the tender for Shagharthing Road will not be tendered again and the works will be start soon as on this road.