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List of Project which were cancelled by Federal Government under PSDP 2018-19 as the budget of PSDP was cut from 625 billion Rupees to 187 billion Rupees
1. Tourism Master Plan AJK, GB and Swat (Technical Study)Project 
2. Signal Free Islamabad Rawat Expressway (Phase-III)
3. Conduction of Water from Indus River System of Tarbella Dam for Islamabad and Rawalpindi projects 
4. Construction of Federal Medical College, Islamabad
5. Construction of Female Doctor Hostel at PIMS, Islamabad, 
6. Construction of Nursing Hostel at PIMS, Islamabad, 
7. Extension of Organ Transplant Centre 
8. Expo Centre, Islamabad, 
9. Establishment of Pakistan Institute of Fashion & Design (PIFD), Sub-campus at Karachi,
10. Remodelling and Expansion of Karachi Expo Centre 
11. Strengthening of Intensive Care Unit at FGPC, Islamabad, 
12. Up-Gradation of Department of Nephrology at PIMS, Islamabad, 
13. Up-gradation of Existing Liver Transplant Centre at PIMS
14. Chichawatni to Lahore Multan Motorway (Link),
15. Construction of Bajour (Khar)-Jandola-Zhob Link Rd (205 km), 
16. Construction of Bella Awaran-Hoshab Rd, Balochistan, 
17. Connecting Fbd-Sahianwala Expway with Sangla Hill 
18. Const of link road LSM with Sambrial and Sailkot city, 
19. Const of Babusar Tunnel, 
20. Construction of Dera Murad Jamali Bypass, 
21. Const of Expressway from Besham to Khwaza Khela (62 Km)
22. Construction of Expressway from Chakdara to Kalam (133 Km),
23. Construction of Flyover at junction of N-5 and N-65 at Sukhur,
24. Construction of Flyover on N-5 at bye pass Chichawatni-Okanwala Road projects 
25. Construction of Islamabad- Rawalpindi Bypass,
26. Construction of Kel-Shounter- Rattu Jaglot Road,GB, 
27. Construction of Lakpass- Noushki section (130),Balochistan, 
28. Construction of Leepa Valley Tunnel AJK projects 
29. Construction of Link Road from Kar-Lhe Mway to Okara (56km), 
30. Construction of Mirpurkas-Umar kot section (88 km), 
31. Construction of New Bridge on River Chanab Between Shujjabad (Multan) & Khangarh
32. Construction of New Bridge with approach roads between Sukkur - Rohri Bridge over River Indus, 
33. Construction of Overhead Bridge at Star Gate Jhelum km1431, 
34. Construction of Psehwar- Torkhum Section of Peshawar- Kabul Motorway 
35. Construction of Rajanpur-DG Khan as 4-lane Highway, 
36. Construction of road from M-2 Lilla Interchange upto Mianwali via Musakel, 
37. Construction of road from Panjgoor to Garavage (Pak-Iran boarder) 40kms projects 
38. Construction of Shahdad Kot Bypass on M-8, 
39. Construction of Sharda-Murinar-Jalkhad (SNJ) Rd(36km),
40. Construction of Southern bypass Peshawar, 
41. Construction of Western Bypass Gojra projects 
42. Construction/ Rehabilitation of Road from Islamabad-Simli Dam-Karor-Bann-Patriata, 
43. Construction of Southern by pass Hyderabad, 
44. Conversion of existing 2-lane Karachi Northern bypass to 6-lane Highway 
45. Dualization of Faisalabad -Sargodha Rd (50Km), 
46. Dualization of Kallar-Manianda Rd, 
47. Rwp, Kharian-Rwp Motorway, 
48. Dualization of Khuzdar-Chaman N25 (408km) incl rehab of existing Khuzdar-Kalat Sec, B’tan & Land acq projects 
49. Dualization of Sialkot-Pasrur Road (26.5 KM),
50. Construction of Kohala - Muzaffarabad 4 Lane Dual Carriageway (40 KM) via Lower Toppa Chhijina, 
51. Construction of Massan Interchange (District Mianwali) & Klaur Shareef(Teh Mianwali) projects 
52. Mirpur-Mangla-Muzaffarabad-Mansehra (MMM) expressway (CPEC),
53. Nokundi- Mashkhel-Panjgoor(200KM) CPEC, 
54. Quetta Expressway Meezan Chowk Surkh Pul, Quetta
55. Rehabilitation of Noshki-Dalbandin section (N-40) 165kms, 
56. Rehabilitation of Existing Carriage way DI Khan-Saraigumbel Section(AIIB)
57. Rehabilitation of Existing Carriage way Rajanpur-DGKhan Section (AIID)
58. Rehabilitation of KKH Thakot-Raikot section incl Tatapani bypass (CPEC), 
59. Sanan-AabeGum road between Sibbi &Distt Kachhi (41 km),
60. Shandoor-Chitral Rd (CPEC), 
61. Sialkot Cantt-Jassar Garrison Rd projects 
62. Widening & Improvement of Gojra-Jhand Road, 
63. Widening & Improvement of Noukundi-Taftan Rd,B’tan,
64. Zhob to Kuchlak Rd including Land Acquisition, B’tan, 
65. CPEC projects estab of Nat’l Univ of Policy & Pub Admin, 
66. Establishment of 400 Vocational Trng Institutes (VTIs), 
67. Nat’l Best Teacher Awards, 
68. Nat’l Teachers Training Institute, 
69. standardisation of Nat’l Exam System.


KP Govt to Launch Insaf Emergency Cab Service
Khyber Pakhtunkhwa (KP) Health Department has decided to launch Insaf Emergency Cab Service in the province to pick up patients in an emergency from their doorsteps.
The idea came up in a meeting chaired by Health Minister Dr. Hisham Inamullah Khan, as per an official statement. During the meeting, they planned to start an Insaf Emergency Cab Service at district and tehsil headquarter hospitals, basic health units, and rural health centers
These cars will prove to be effective in transporting emergency patients from their homes to the hospitals, given there are no dedicated ambulances for the purpose. In this way, the quick health services will be accessible to the general public.
The provincial health minister directed the concerned authorities to make all necessary arrangements in this regard. Insaf Emergency Cab Service will help the poor patients in far-flung areas of the province, especially those in the merged districts to reach hospitals in time.
He further asserted that the government will take strict action against those who remain negligent in performing their duties. The minister vowed to follow the reward and punishment system to put everything in the right direction.
The meeting was apprised that cabs for the service will be provided by the provincial health department


World’s Biggest Oil and Gas Company Re-Enters Pakistan After 27 Years
World’s largest oil and gas company ExxonMobil, has re-entered Pakistan after a gap of nearly three decades. ExxonMobil’s offshore deep sea drilling equipment has just reached the Karachi Port.
A source told that ExxonMobil’s offshore drilling equipment includes a SIAPAM mothership with a RIG and three supply vessels docked at Karachi Port.
These ships will start their drilling operations from Jan 6, 230 KM from Karachi coastline in open sea. The drilling activity will be done at a depth of 6200 feet. This is the first operation of ExxonMobil in Pakistan after 27 years, the company exited the country in 1991 after a change in its policy.
ExxonMobil has opened a new venture office in Islamabad on Nov. 27, 2018, to start oil and gas explorations activities in the country.
The company holds a 25 percent interest in Block G located offshore Pakistan which is operated by Eni Pakistan Limited. ExxonMobil is working with its partners and the government of Pakistan.
In Jan 2010, the first attempt was made for hydrocarbon exploration in Pakistan. Shark 1 is the first exploratory well, being drilled in Indus ‘M’ Block, located 87 KM south-west of Karachi. The Block is a joint venture (JV) between ENI with a 70 percent working interest, and PPL holding the remaining 30 percent.
Liquefied Natural Gas (LNG)
ExxonMobil and the Pakistani consortium Energas signed an agreement to support the development of a liquefied natural gas (LNG) import terminal and to support securing the supply of LNG.

The agreement is an important milestone for the project, which will help meet the country’s energy needs and drive economic growth by providing a reliable supply of cleaner-burning natural gas.
ExxonMobil is working and cooperating with all the stakeholders to help realize this strategically important project for Pakistan.



Pay Rs1bn to OLMT construction companies, SC orders LDA & stops NAB from interfering in Orange Line Metro Project Lahore
The Supreme Court on Thursday directed the Lahore Development Authority (LDA) to pay a sum of Rs1 billion to construction companies of the Orange Line Metro Train (OLMT) project, Express News reported.
The bench headed by Chief Justice of Pakistan Mian Saqib Nisar remarked that payment of bills is crucial for the construction companies, failing which the court shall impose a penalty on the development authority.

During the hearing, LDA’s counsel argued that it was essential to measure the progress of the project before any payment was made. The counsel representing the construction companies apprised the bench that the payment had already undergone a 22-month delay. The counsel added that 97 per cent of the project has been completed.
Justice Nisar commented that the apex court shall oversee the matter and also direct the National Accountability Bureau (NAB) to not probe the matter unless the SC issues directives.
The court ordered LDA to pay off the construction companies by the next hearing and further directed construction companies to grant LDA Rs1 billion worth of bank guarantee


Update of Electricity production in Pakistan
Shortfall of the country has crossed 4000 MW as 13 Power Plants are now closed including Balloki Bhikki Haveli Bahadur Shah and Guddu Power plant due to lack of Gas & RLNG 
From Hydel only 600 MW is being produced due to this Loadshedding of 12-14 Hours being done jn Islamabad Lahore Southern Punjab & Sindh

UAE Delegation is Arriving in Pakistan to Resolve Etisalat’s Pending $800 Million PTCL Payment
A high-level UAE delegation is due in next few days where the matter pertaining to the much-awaited $800 million outstanding dues on account of privatization of Pakistan Telecommunication Company Limited (PTCL) is likely to be resolved.
This was stated by Secretary Privatization Rizwan Malik while briefing the Senate Standing Committee on Information Technology and Telecommunication.
The committee met with Rubina Khalid in the chair on Wednesday where Privatization Division briefed the committee on the privatization of PTCL along with the sale, purchase agreement.
Malik said that due to lack of proper homework for identifying properties by the concerned departments, issues were created for the government of Pakistan. During the last high-level interaction, it was evident that for the first time Etisalat has shifted their position and shown interest to resolve the matter amicably.
According to the agreement in case of non-transferable of properties, both sides would independently evaluate its prices and the highest would be adjusted. According to Pakistan’s side evaluation, the remaining 34 properties have a value of $87 million as made by independent valuers, which was also shared with Etisalat and the Escrow Agent. However Etisalat shares its findings with the Escrow agent but not with the government of Pakistan, Secretary added

Realme Phones Officially Launched in Pakistan With Special Promos
Realme, an emerging smartphone brand that specializes in providing high-quality smartphones, has unveiled its line-up of devices for the Pakistan market – the Realme 2 Pro and Realme C1. Designed with today’s youth in mind, Realme’s tagline, ‘Proud to Be Young’, is focused on revolutionizing the smartphone for the younger generation, combining top-notch performance with contemporary style.
Realme is fully dedicated to addressing the needs of the youth. The brand has already been breaking records since its launch earlier this year in India, Indonesia, Malaysia, Vietnam, Thailand and Philippines

PakistanKSA set to ink multi-billion dollar Aramco oil refinery deal
A 15-member Saudi delegation visited Gwadar the port city in Balochistan as part of the finalization process of MoU for the Aramco oil refinery.
Pakistani authorities expect to sign a number of investment deals including the construction of mega oil refinery during the upcoming visit of Saudi crown prince to Pakistan.
Pakistani authorities are briefing visiting delegation of SaudiArabia at Gwadar, 
Pakistani authorities are briefing visiting delegation of Saudi Arabia at Gwadar, Balochistan.

MoU for construction of mega oil refinery will be inked in February, says information minister
Pakistan expects $15 billion investment from Saudi Arabia in the next 3 years

KARACHI: Pakistan and the Kingdom of Saudi Arabia have finalized the Memorandum of Understand (MoU) for the construction of multi-billion dollar Saudi Aramco oil refinery in Gwadar deep seaport city, located in Balochistan province, officials said on Thursday.
Pakistan is expecting to sign a number of investment deals including the construction of mega oil refinery in the month of February in the presence of a high-level Saudi delegation, confirmed Information Minister Fawad Chaudhry. 
“The oil refinery project is the biggest investment project of Saudi Arabia in Pakistan,” he added.
Pakistan and Saudi Arabia have lately expressed renewed interest in enhancing bilateral strategic and trade engagements while the Kingdom also pledged $3 billion in a financial assistant to help Pakistan out of its economic woes. 
“A 15-member delegation of Saudi Arabia visited Gwadar from Karachi as part of the finalization process of the MoU for Aramco oil refinery,” Haroon Sharif, Minister of State and Chairman of Pakistan Board of Investment (BoI), told Arab News.
“We have finalized the MoU for the construction of Aramco oil refinery,” Sharif said adding that “overall directions have been agreed upon and the agreement will be signed at an ‘appropriate time’.”
Pakistani authorities expect $15 billion investment from Saudi Arabia after Prime minister Imran Khan chose the Kingdom for his maiden visit and consequently made two official visits.
Earlier, the BoI chief had said that “We are going to sign MoUs with Saudi Aramco and Acwa Power within few weeks. Saudi Aramco is going to set up oil refinery and petrochemical complex in Pakistan while Acwa Power will invest in Pakistan renewable energy sector”, Sharif informed.
As part of the investment plan, the Saudi Aramco will construct petrochemical complex housing multi-billion dollar oil refinery.
“I am expecting around $15 billion investment from Saudi Arabia in the next 3 years. The inflow of investment for oil refinery and petrochemical complex in Pakistan is estimated to be between $6 billion to $10 billion,” BoI Chairman told Arab News. 
Pakistan hopes to attract more than $40 billion in Foreign Direct Investment (FDI) during the next five years. “We estimate that roughly around $40 billion investment will be made by these three countries (Saudi Arabia, UAE, and China) in the next three to five years,” Sharif had told Arab New during his recent interview. 
During the recent visit of the Saudi delegation to Gwadar, the Chairman of Gwadar Port Authority, Dostain Khan Jamaldini, on Wednesday gave a briefing about the current developments including the port, progress on China-Pakistan Economic Corridor (CPEC) and Gwadar Master Plan



Pakistan’s logistics market

Pakistan’s logistics market has reached $34.2 billion with annual growth of 18 percent, a minister said on Saturday, while unveiling a plan for state-owned postal operator to enter into ecommerce business.
Minister for Postal Services Murad Saeed said future initiatives of Pakistan Post would be compatible with the contemporary needs of existing times.
“This would include an entry into the ecommerce business,” Saeed said at a meeting.
The minister announced a pilot project for microfinance loan disbursement of Khushhali Bank through Pakistan Post. The project will be piloted by the first week of January and will formally be inaugurated by the mid of January.
The meeting was told that Pakistan Post has the capacity and commitment to deliver for online vendors for their cash on delivery products with proof of delivery and prompt reconciliation of their payments.
“Many international web portal operators have shown their interest to enter into the Pakistani market with Pakistan Post as their delivery partner,” an official statement said. “Apart from the business, Pakistan Post is expecting technology transfer and HR development from them.”
Pakistan Post is also targeting the parcel export market worth four billion dollars, which is catered by local and international private couriers at very high rates.
The postal operator is expecting up to $2.5 billion in foreign direct investment on public-private partnership model for the capacity building of Pakistan Post in the logistic sector.
“The revenue share of Pakistan Post in this endeavour is expected up to Rs100 billion per annum whereas the current loss of Pakistan Post is at Rs11 billion,” the statement added. The minister emphasised focus on the domestic money transfer market which was primarily the legacy of Pakistan Post as money order delivery “but ironically was captured by private entrepreneurs”.
Saeed envisaged to bring technology and investment in the market and is working to have a bigger share for Pakistan Post for the electronic money transfer market. At present, the market stands at Rs80 billion, while Pakistan Post only has one percent of the market share.
The minister for postal services also inaugurated the Pakistan Post mobile app for services featuring complaint handling, real time tracking, e-commerce delivery, post office locations, post codes and information about postal services.
Abdul Razak Dawood’s company wins bid to construct Mohmand Dam
The joint venture of Pakistani company, Descon, owned by Adviser to PM on Commerce Abdul Razak Dawood, and a Chinese company, China Gezhouba, have won the bid for construction of the Rs309 billion Mohmand Dam, having a capacity to generate 800MW of electricity.
Mohammad Dam is basically the flood control dam and after its construction, the dam will be able to store 300,000 cusecs of water, and will save Charsadda, Peshawar and Nowshera. The cost of the said project in 2003 stood at $1 billion which has now swelled to $3 billion due to the inordinate delay in Musharraf’s regime.
The said dam, if it was completed on time, could have helped avert the 2010 flood, which caused a loss of $10 billion. During the Musharraf’s regime, the said dam was handed over to a US company, AMZO, which did nothing for eight years and inflicted a huge loss of Rs152 billion to the Pakistani economy.
However, in Pakistan People’s Party era, the project was handed over to WAPDA. Soon after, WAPDA arranged $6 million from AFD, a French development agency, for detailed engineering of the project.
WAPDA Chairman Gen (r) Mozammil Hussain confirmed that Descon and China Gezhouba have won the bid and to this effect, the contractor will mobilize to the site of the project within 10 weeks.
“The international competitive bidding was held in a single bid mode and the Joint Venture of Descon and China Gezhouba has qualified for the project. Other joint venture of FWO with Power China also participated in the bid but could not win the project,” the chairman said


Govt in Talks With International Experts to Develop the New Islamabad Master Plan

Currently, there is an ongoing tug of war between the government and the bureaucracy regarding who should get the reins of the Capital Development Authority (CDA).
In this backdrop, the government is planning to take the services of international experts on urban planning and sustainable architecture to develop the new Islamabad master plan considering the modern techniques and requirements.

According to the sources available, the government has made a breakthrough regarding the matter. It has found the only Ph.D. on the Capital’s master plan. The individual is a Pakistani national, working in Brussels for more than 20 years. He has agreed to work voluntarily on Islamabad’s Master Plan.
Professor Dr. Ahmed Zaib Khan, an expert on sustainable urban development, has agreed to work with the federal government and chalk out a new master plan for the capital city that will account for the modern and sustainable architecture and urban trends.
Currently, Dr. Khan is in Pakistan for vacation and serves at the Université Libre de Bruxelles. He is well versed in framing master plans for urban development in the European Union, Latin America, and Africa.
According to Dr. Khan,
I think I have been serving the world with my abilities and it is about time that I should return my services to my country and my people now. I want to serve purely on a voluntary basis and don’t seek anything from Pakistan in return.
As for the tussle between the government and the CDA officials, the bureaucracy is trying to foil transparency and moderation. Reportedly, the top CDA officials have recently attempted a covert move to retain their control over the affairs by taking over the CDA’s Board of Directors (BOD)


NankanaSahib Interchange on AbdulHakeem Motorway is almost completed and it will be inaugurated soon. 


KLM – Abdul Hakeem-Lahore Motorway Route Map, Interchanges and Service Stations

Lahore/Multan – 229 Kilometers long Abdul Hakeem-Lahore Motorway is part of karachi-Lahore Motorway (KLM). It is being constructed by Federal Government. It is an important part of China-Pakistan Economic Corridor (CPEC). This Motorway section will pass through central and southern Punjab cities and town, who are currently offside of the main GT Road (KabirwalaMukhdoompur Pahoran, Kot Islam, Pir Mahal, RajanaKamaliaSandhianwali, Toba Tek Singh, Muriswala, Mamoon Kanjan, GojraSamundariTandlianwalaSatiana, Syedwala, Makkuana, JaranwalaBucheki, Nankana sahab, Managtanwala and Sharaqpur) . Karachi-Lahore Motorway has been divided into Five sections. :-

Lahore-Abdul Hakeem Motorway Section
Abdul Hakeem-Khanewal-Multan Motorway Section
Multan-Sukkur Motorway Section
Sukkur-Hyderabad Motorway Section
Hyderabad-Karachi Motorway Section

Interchanges List
Shamkot near Khanewal and Kabirwala
Dharkhana near Kot Islam
Pir Mahal
Rajana
Samundari near Tandliawala and satiana
Jaranwala
Mangatan Wala Near Nanka Sahib
Dhamke
Sagian Lahore

Service Area Locations
1- Between Sharaqpur and Nakana Sahab & Mangatanwala
2- Between Samundari and Jaranwala
3- Near Rajana




660MW Hub Coal Power Plant Starts 
Operations

A major power project under the China-Pakistan Economic Corridor (CPEC), with a producing capacity 660-MW electricity, was commissioned today.
The power project is fired by imported coal. According to China Power Hub Generation Company (CPHGC), it successfully synchronized one of its two 660MW coal-fired power plants with the national grid.
The company said the synchronization of the first unit was achieved ahead of schedule within the agreed technical parameters.
The CPHGC plant will add 9 billion kWh of electricity to the national grid every year after the start of commercial operation.
The project is fired through imported coal and will operate with a total installed capacity of 1,320MW once the other unit is also completed.
The CPHGC said that it will complete the second 660MW unit within the stipulated time. The synchronisation of the second unit is scheduled by Aug 2019.
CPHGC Chief Executive Zhao Yonggang has appreciated the hard work and efforts of the company’s Pakistani and Chinese employees.
The two 660MW plants are among the priority projects under the China-Pakistan Economic Corridor. It is the first overseas thermal power project developed by State Power Investment Corporation under China’s Belt and Road Initiative, Zhao Yonggang added.
The project has been built in Hub, Balochistan Lasbella district.
It is a joint venture between China-Pakistan International Holding and the Hub Power Company Ltd (Hubco) with 74 percent and 26 percent ownership, respectively



 
Pakistan Set to Receive Investments Worth Over $30 Billion From Close Allies

As the New Year celebrations are set to begin in Pakistan within hours, here is a reason for Pakistanis to celebrate the onset of the year with double joy.

The outgoing year has not been very conducive for the countrymen as far as the economic condition of the country is concerned. During the year, many economic indicators were showing a declining trend and the country was faced with an imminent balance of payment crisis.

However, the country is slated to ink investment deals with some of its close allies to the tune of billions of dollars, which will help revive the ailing economy of the country.

“We will be signing agreements with investors from SaudiArabia, the UAE#GermanyMalaysia, and Korea in January which is worth more than $30 billion,” Haroon Sharif, Minister of State and Chairman, Board of Investment, told a Saudi newspaper.

The country has firm and solid commitments from three of its allies, namely Saudi Arabia, the UAE, and China, ensuring that the country becomes the hub of diversified investments in the coming years, Sharif said.

“We are going to sign several Memorandum of Understanding (MoU) with Saudi Aramco and Acwa Power within a few weeks. Saudi Aramco is going to set up an oil refinery and petrochemical complex in Pakistan while Acwa Power will invest in Pakistan’s renewable energy sector,” Sharif told the newspaper.

The country is expected to receive around $15 billion in investment from Saudi Arabia in the next three years. “The inflow of investment for the oil refinery and petrochemical complex in Pakistan is estimated to be between $6 billion to $10 billion.”

Islamabad is also expecting a substantial amount of investment from the UAE, with major focus sectors continuing to be petrochemical, real estate, port and shipping development, agriculture, and corporate farming.

“I am expecting a similar amount ($15 billion) from the UAE in the next three to five years. We will sign a MoU with UAE’s companies in January 2019,” Sharif said, adding that the “Abu Dhabi National Oil Company (ADNOC), DP World, and Emaar Properties are among the prominent names who have committed to investing in Pakistan”.

In addition to Saudi Arabia and the UAE, Pakistan has also signed an agreement with China which is being described as the second phase of the China Pakistan Economic Corridor (CPEC) project. “We had signed an industrial cooperation agreement with China two weeks ago. Under the agreement they will put up industries in Pakistan’s economic zones which are located in Sindh, Punjab, and Khyber Pakhtunkhwa (KP),” Sharif, who had signed the agreement, said, adding that five priority areas have been identified, namely “food and agriculture, value-added textile, mining, and emerging technologies”.

Apart from Saudi Arabia, the UAE and China, the BOI has received written commitments from Malaysian, German, and Korean investors.





Another year has passed, another year has come. I wish for you that, with every year, you achieve all of your dreams. May Allah SWT pour love, care , happiness, success & good health on all of us. Ameen
May you have a Lovely & Prosperous New Year. 
From Team Pak Informer



CPEC East West Corridor

Upgradation of N-70 National Highway (Multan-Qila Saifullah) at GirduHills near Fort #Monroe in District Dera Ghazi Khan. 33 km hilly portion of the N-70's Rakhi Gaj-Khar-Bewata section will be widened and shorted through construction of 8 steel bridges. This will shorten the distance and travel time between Multan and Quetta. Financed by Japan
Photo Credit:Hammid Hassan




Financing deal signed for 330MW power project

Fauji Fertiliser Company (FFC), along with other equity partners including Hub Power Company (Hubco), has signed a financing agreement for its 330-megawatt power project, Thar Energy Limited, at the 8th Joint Coordination Committee (JCC) meeting in Beijing.
China Development Bank was appointed lead arranger of foreign financing and Habib Bank Limited was selected lead arranger of local financing.

Federal Minister for Planning Khusro Bakhtiar, Sindh Chief Minister Syed Murad Ali Shah, Hubco Chief Executive Khalid Mansoor, Thar Energy Chief Executive Saleemullah Memon were present at the signing ceremony.



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800 MW MOHMAND DAM...Returning to the glorious times of Hydro Power Generation in Pakistan


Work on the construction of Mohmand Dam will start in January 2019
A spokesman of Water and Power Development Authority told the dam will be completed at a cost of three hundred and nine billion rupees by 2024.
On completion, it will generate 800MW electricity besides bringing more than seventeen thousand acres’ barren land under cultivation.
The Dam will also solve the problem of water scarcity in Mohmand and adjacent districts, in addition, to help in overcoming shortage of electricity in the country.