ISLAMABAD, April 27 (Gwadar Pro)―Four hydel projects worth USD$7.7 billion under the China-Pakistan Economic Corridor (CPEC) will resolve Pakistan’s energy crises, the CPEC Authority said.
The CPEC Authority said that the projects will be completed within the next six years, contributing 3428 Megawatts of clean and cheap energy to the national grid.
The projects would help generate thousands of new jobs besides providing affordable clean electricity to the consumers, said a CPEC Authority spokesperson on Monday afternoon.
He said in order to meet the power demand and produce atmosphere friendly and green energy, numerous hydel power projects with installed capacity of 3,428 MW were being completed in the second phase.
ISLAMABAD, April 27 (Gwadar Pro)- The consumption of dates, especially in its natural form, is an essential part of the Ramadan diet; dates are an unmissable part of iftar (breaking of fast) and Suhur (pre-dawn meal).
Dates are the third largest horticulture crop in Pakistan, which is found in all four provinces of the country. Pakistan produces one of the best dates in the world and the country has the potential to become a leader in date production and export; however, due to connectivity problems, lack of suitable agricultural machinery and date processing units, the desired results have not been achieved so far. As China Pakistan Economic Corridor (CPEC) is poised to usher in a new era of trade and growth, Pakistani date growers pin their hopes on its different projects to help bring revolution in date farming.
Why Indiaâs complete economic disengagement from China is unrealistic
Why Indiaâs complete economic disengagement from China is unrealistic
If India hopes to implement infra projects in the neighbourhood to restrain China, it will have to create management groups to support diplomats on the ground.
Madhu Bhalla 27 April, 2021 1:19 pm IST Text Size:
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The near collapse of frameworks for strategic relations with China and the newly protectionist impulse of the âMake in Indiaâ initiative has placed new demands on New Delhiâs economic diplomacy with Beijing. While India has for some time been wary of Chinese economic influence and practices, the recent military stand-off in the Ladakh sector of the border has resulted in swift policy decisions and sharp rhetoric on the feasibility of the current state of Chinese presence in the Indian economy. This is evident in Indiaâs refusal to join the China-dominated Regional
The power sector circular debt is likely to stay above Rs. 1.1 trillion by the end of the fiscal year 2023, against the current level of nearly Rs. 2.55 trillion, a local media outlet reported on Monday.
These estimates are projected despite repeated tariff increases, buying out several old independent power plants (IPPs), fuel conversions, tax rationalizations, and timely subsidy payments over the next two years, the news report added.
If these actions are not taken either, then the circular debt can easily soar to Rs. 4.7 trillion by the end of FY2023. However, with some efficiency improvements, such as a five percent increase in recovery and less than one percent in technical losses, the circular debt can be contained within the limit of Rs. 4.4 trillion by 2023.
National
April 26, 2021
ISLAMABAD: Chairman China Pakistan Economic Corridor (CPEC) Authority Lt General (R) Asim Saleem Bajwa on Sunday said work on the China Pakistan Economic Corridor (CPEC) Western route was in full swing.
He said the Hakla-DIKhan motorway was near completion and would likely be opened for traffic in August/September this year.
“Hakla-DI Khan Motorway construction work is in full swing, current progress is 86 percent.Will be commissioned by Aug/Sep,” he said in his tweet.
The Chairman informed that with priority on the Western route now, two other segments (Zhob-Quetta, Hoshab-Awaran) had already been started.
According to an official in CPEC Authority, under the CPEC, some 1,100 kilometer roads had been completed while 850 kilometres were under construction.