Prime Minister Irman Khan on Monday formally launched the country’s first Green Eurobond, called Indus bond, by Water and Power Development Authority (Wapda) to meet the financial needs of the construction of Diamer Bhasha and Mohmand dams. The bond has been floated for 10 years to raise $500 million at a competitive price of about […]
WAPDA
Construction of mini hydel power stations to address power shortage: Taj
PESHAWAR: Special Assistant to Chief Minister Khyber Pakhtunkhwa for Energy Taj Muhammad Tarand Sunday said that construction of small hydro power plants (mini micro hydel stations) in the backward areas of the province deprived of power is the top priority of the present provincial government. The plan to build 356 Mini Micro Hydel Stations in […]
Federal cabinet approves 1st installment of payment for IPPs
After a delay of three months since the payments to the Independent power producers (IPPs) became due as per August 2020 MoUs, the federal cabinet on Wednesday finally accorded approval to the clearance of first installment to the IPPs. The government is due to clear these receivables till June 7, 2021. The 40 […]
PM Imran inaugurates balloting of housing scheme for labourers in Peshawar
Peshawar: Prime Minister Imran Khan on Wednesday inaugurated the balloting ceremony of a housing scheme for labourers in Peshawar. Executed by Khyber Pakhtunkhwa government, 2,056 family flats will be given on propriety rights to the registered workers of the province. Three percent quota for widows and two percent for disabled persons have been allocated […]
NTDC pursing timely completion of power transmission projects
LAHORE: The National Transmission and Despatch Company Limited (NTDC) is completing its projects of transmission lines and grid stations on fast pace across the country. According to the NTDC spokesperson, the company is also working on stability of power transmission system in the south. In this regard, the NTDC project delivery team of Hyderabad has […]
Army win National Boxing Championship
ISLAMABAD: Pakistan Army won the silverware as the Pakistan Boxing Federation-backed 37th National Boxing Championship culminated in Islamabad on Friday. Army bagged a total of nine medals which included seven gold and two bronze medals. Second-placed Pakistan WAPDA won three gold and two silver medals. In the super heavyweight category, Ahmed Ali of Army knocked […]
Sindh Rule of Law Rodmap gets the nod
Sindh Chief Minister Syed Murad Ali Shah – approving the ‘Sindh Rule of Law Roadmap’, which is basically a reformative work in the criminal justice system worked out in collaboration with international agencies – on Friday directed the Home Department to establish its implementation unit, and place the same in the next cabinet meeting for […]
NJHP inches to full generation; crosses 1000 MW mark
Water and Power Development Authority (WAPDA) claimed on Tuesday that the Neelum-Jhelum hydropower project (NJHP) had generated over 1000 megawatts of electricity. In a statement by its spokesperson, the power project was said to have produced 1040 megawatts (MW) of electricity, which was above the designed capacity of 969 MW. The power generation validated the […]
HBL leaves Pakistan’s domestic cricket, team disbanded
Habib Bank Limited, one of Pakistan’s strongest teams in domestic cricket and currently the first class and one-day champions, has decided to exit from country’s domestic cricket competition after remaining a regular part of it for over four decades. The bank, in a statement, said Wednesday that it had decided to exit from departmental cricket […]
Second unit of Neelum-Jhelum Hydropower producing up to maximum capacity
LAHORE: Second unit of Neelum-Jhelum hydroelectric power project on Tuesday started generating power to its maximum capacity of 242.42 megawatts (MW). The power plant is now working up to its optimum point and is transmitting power to the national grid. As per the contractual requirement, the plant will be on a three-day reliability test run […]