ISLAMABAD: The Water and Power Development Authority (Wapda) has agreed on a controversial multi-million dollar deal to buy two tunnel boring machines for the Neelum Jhelum Hydropower project. Tunnel boring machines (TBMs) were not mentioned in the original contract being implemented by a Chinese company, however, the Chinese contractor came up with a proposal to […]
May 8 2012 | Posted in
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ISLAMABAD, March 12: The Economic Coordination Committee of the cabinet is likely to approve on Tuesday a proposal to export over two million tons of wheat, impose 16 per cent general sales tax on hydropower produced by Wapda, clear Rs6.1 billion commercial loan of Islamabad News Sources
Mar 13 2012 | Posted in
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ISLAMABAD: The Neelum-Jhelum Hydropower Project is likely to be completed about two years ahead of schedule now that Tunnel Boring Machines (TBMs) have reached the site. Official sources in Wapda said that the TBMs were imported from Germany at a cost of around Rs8 billion and would expedite the excavation of 32- kilometre long water […]
Feb 29 2012 | Posted in
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ISLAMABAD: The Neelum-Jhelum Hydropower Project is likely to be completed about two years ahead of schedule now that Tunnel Boring Machines (TBMs) have reached the site. Official sources in Wapda said that the TBMs were imported from Germany at a cost of around Rs8 billion and would expedite the excavation of 32- kilometre long water […]
Feb 29 2012 | Posted in
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ISLAMABAD: A parliamentary panel has pressed the finance ministry and the Planning Commission to immediately arrange Rs340 million for the 83.4-megawatt Kurram Tangi dam and power project. The Senate standing committee on water and power, which met here on Thursday with Senator Zahid Khan in the chair, reviewed the progress on the Kurram Tangi project, […]
Feb 24 2012 | Posted in
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FAISALABAD: Participants of a meeting held on Monday to discuss restructuring of power distribution companies and its impact on national growth and the economy asked the government to reverse the policy of dependence on expensive thermal electricity and replace it with cheaper hydropower generation and other alternative sources. They said experimentation had created a crisis-like situation […]
Jan 31 2012 | Posted in
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FAISALABAD: Participants of a meeting held on Monday to discuss restructuring of power distribution companies and its impact on national growth and the economy asked the government to reverse the policy of dependence on expensive thermal electricity and replace it with cheaper hydropower generation and other alternative sources. They said experimentation had created a crisis-like situation […]
Jan 31 2012 | Posted in
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FAISALABAD: Participants of a meeting held on Monday to discuss restructuring of power distribution companies and its impact on national growth and the economy asked the government to reverse the policy of dependence on expensive thermal electricity and replace it with cheaper hydropower generation and other alternative sources. They said experimentation had created a crisis-like situation […]
Jan 31 2012 | Posted in
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ISLAMABAD: A South Korea company on Thursday announced that it would contribute in setting up the 147MW Patrind Hydropower Project on river Kunhar costing around 0 million, making it the largest foreign direct investment from the Far Eastern country. The Korean sponsors will contribute 25% of the cost while 75% will be financed by banks […]
ISLAMABAD: A South Korea company on Thursday announced that it would contribute in setting up the 147MW Patrind Hydropower Project on river Kunhar costing around 0 million, making it the largest foreign direct investment from the Far Eastern country. The Korean sponsors will contribute 25% of the cost while 75% will be financed by banks including […]
Jan 13 2012 | Posted in
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