By Khalid Mustafa in The News, Sept 29 Islamabad: Pakistan’s Neelum-Jhelum hydropower project needs $1 billion to be completed by 2016 and if the amount is not arranged in time, then the project will be delayed and India will get water priority rights of the Neelum River, said Lt General (retired) Zubair, chief executive of the Neelum-Jhelum Hydropower Company here on Friday. He told a meeting of the National Assembly’s standing committee on economic affairs…
Posts published in “Day: September 29, 2012”
By Zafar Bhutta in The Express Tribune, Sept 29 ISLAMABAD: The Abu Dhabi Fund (ADF) has withheld a $100 million loan it had pledged for the construction of the 969 megawatt Neelum-Jhelum hydropower project in Azad Jammu and Kashmir, a parliamentary panel was informed on Friday. The ADF provides development aid to developing countries in the form of concessionary loans and grants on behalf of the Abu Dhabi government. “The loan agreement of $100 million…
by Farooq Ahmed Khan in Dawn, sept 28 GILGIT, Sept 28: On his first official visit to Gilgit-Baltistan, Prime Minister Raja Pervez Ashraf launched on Friday two multi-million-dollar projects involving realignment and upgradation of the Karakoram Highway. The two projects are aimed at restoring the historic road link with China which was cut off after a devastating landslide that blocked the Hunza river at Attabad. The prime minister performed the ground-breaking of the realignment of…
NEW YORK: Mirwaiz Muhammad Umar Farooq, Chairman of All Parties Hurriyat Conference called on President Asif Ali Zardari here on the sidelines of UNGA session on Friday evening. Foreign Minister Ms. Hina Rabbani Khar, Ambassador Sherry Rehman and Ambassador Masood Khan were also present during the meeting. President Zardari during the meeting reiterated Pakistan’s principled stance to continue extending all political, moral and diplomatic support to the Kashmiri brethren, who have rendered countless sacrifices for…