Skip to main content

China, Pak sign deal over hydel power project under CPEC worth $2.4 billion in PoK


ANI | Updated: Jun 26, 2020 16:05 IST

Islamabad [Pakistan], June 26 (ANI): A tripartite agreement was signed between a Chinese company and the governments of Pakistan and China on Thursday for construction of a 1,124-megawatt hydropower project at Kohala on the Jhelum river at a cost of USD 2.4 billion.

Prime Minister Imran Khan, who witnessed the signing ceremony at his office, termed the agreement "the country's biggest-ever foreign investment". Pakistan-occupied Kashmir's prime minister was also present on the occasion, Dawn reported.
The accord represents the largest power sector investment by an independent power producer (IPP) under Beijing's multi-billion dollars' worth China-Pakistan Economic Corridor (CPEC), including the Gwadar Master Plan.
Speaking on the occasion, the prime minister said the government had resolved to focus on a "green and clean power generation" through hydroelectricity in order to reduce dependence on imported fuel.
Khan said the government welcomed the investment as it could set a precedent for the country to move towards sources of clean energy.
The event was witnessed, among others, by federal cabinet members, Chinese Ambassador Yao Jing, CPEC Authority Chairman retired Lt Gen Asim Saleem Bajwa and representatives of China's Three Gorges company.
The project, a part of CPEC, has been awarded to Kohala Hydropower Company (KHCL), which is a subsidiary of China's Three Gorges Corporation (CTGC).
The prime minister said Pakistan should have invested in the hydropower sector decades ago. "The country was making good progress when it was producing hydropower, but then it started banking on imported fuel. This made not only the local industry non-competitive, but also put an additional burden on foreign reserves."
Electricity generation through imported fuel, he said, had adversely affected the environment as Pakistan was placed by experts on a list of nine states most likely to be badly affected by climate change.
The CPEC is a flagship infrastructure-related project conceived by Chinese President Xi Jinping as part of Beijing's expanded multi-billion dollar Belt and Road Initiative (BRI) that aims to create more efficient commercial links between the continents of Asia, 

 Africa, and Europe.
Bajwa is also the chairman of the CPEC authority.
Since last year, the work on the CPEC-funded Kohala Hydropower Project has been in jeopardy as the Chinese contractor was demobilised following a controversy over downstream environmental flows.
The 1,124MW (megawatt) Kohala Hydropower Project, is being built on the Jhelum River in PoK under CPEC. It has been awarded to the Kohala Hydropower Company Ltd (KHCL), a subsidiary of China Three Gorges Corporation (CTGC).
The signing of the Hydel project comes at a time when India and China have been involved in high-level military talks to disengage following the Galwan Valley incident in the Ladakh region, where 20 Indian soldiers were killed on June 15 in a violent clash with the Chinese Army. (ANI)

https://www.aninews.in/news/world/asia/china-pak-sign-deal-over-hydel-power-project-under-cpec-worth-24-billion-in-pok20200626160529

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area” For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please help the deserving persons... Salary: Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows; Welder: Rs. 1,700 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.

Historical relationship between Kurd and Baloch.

      The Kurds are the ethnical group living in a region known as Kurdistan which is divided into Iraq, Syria, Turkey and Iran. They  are struggling for an independent region since decades and they are famous for their female guerrilla fighters.         On 25 September 2017, the referendum for an independent Kurdish region  was held in Iraq with a turn out of 72 %.    On this important occasion, the historical relation between Kurd and Baloch people is worth discussing.        When it comes to history, every nation tends to find its roots and origin. Same goes with the Baloch people. The Baloch people are always curious  about  finding their roots in history. Even if you  talk to a shepherd in Balochistan, he will be curious to talk about his  tribal or ethnical roots.       The Balochs have always conveyed the history to the next generations in different mediums like poems etc. No Baloch before 20th century had written books on  history  or origin of the Baloch nation .