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Posts published in “Day: August 14, 2012

Seven years after earthquake Over 600 schools awat rebuilding in Hazara

by Mohammad Ashfaq in Dawn,Aug 14 PESHAWAR, Aug 13: Over 600 schools ‘unnecessarily’ pulled down by contractors soon after the Oct 2005 devastating earthquake in Hazara division have been awaiting reconstruction for around seven years, according to the relevant officials. Neither the successive provincial and federal governments allocated any funds for the purpose nor did donors pay any attention towards it. Officials said 612 schools were intact and in usable condition after the 2005 earthquake…

ADB’s refusal forces govt explore alternative funding for Bhasha Dam

By Khalid Mustafa  in the News, Aug 14 ISLAMABAD: The government will construct the Bhasha Dam at any cost on a priority basis and will explore alternative options, including help from China, after the Asian Development Bank (ADB) refused to fund the project, a high-powered meeting attended by the top officials decided on Monday. The $12 billion project has suffered a setback after the ADB reversed its commitment to fund it, as was done by…

Govt may award Diamer-Bhasha Dam contract to China

By Zafar Bhutta in The Express Tribune, August 14 ISLAMABAD: The government may utilise an option of direct award of contract for the $12 billion Diamer-Bhasha Dam with power generation capacity of 4,500 megawatts and select China for the purpose as multilateral donors have backed out and linked the project with a no-objection certificate from India. In a meeting held at the Ministry of Water and Power and chaired by Water and Power Minister Ahmed…

Call to seek Indian NoC for Bhasha dam rejected

By Khaleeq Kiani in Dawn, Aug 14 ISLAMABAD: The government is contemplating a plan-B to arrange funding for the $12 billion Diamer-Bhasha dam project through bilateral institutions after declining an Asian Development Bank suggestion that Pakistan should secure a no-objection certificate from India to seek multilateral funding for the project. The decision in principle was taken at a meeting presided over by Minister for Water and Power Chaudhry Ahmad Mukhtar on Monday and attended by…