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Posts published in “Day: October 2, 2014

‘Neelum Jhelum project to be ready by 2016’

By Tariq Naqash in Dawn, October 2nd, 2014 MUZAFFARABAD: Federal minister for state for water and power, Abid Sher Ali has been told that around 65-70 per cent work on Neelum Jhelum Hydroelectric Project (NJHEP) had been completed and that the project would formally be commissioned in 2016.   “This project is our priority and the government has released required funds for it, financial constraints notwithstanding,” the minister said while visiting the project site on…

Reassessing costs: Government eyes $5 billion loan for Diamer-Bhasha dam

  The Express Tribune, Oct 2nd, 2014. ISLAMABAD:  As the government reassesses the construction cost of Diamer Bhasha dam at $14 billion, it has decided to seek $5 billion from international lenders for the construction of dam over a period of next eight years.   The contours of the possible financing plan of the project were discussed during a meeting held on Tuesday in the finance ministry.   Finance Ishaq Dar chaired the session on…

G-B receives warning of militant attack:  By Shabbir Mir   in The Express Tribune, Oct 2nd, 2014.

GILGIT: Some militants have planned attacks on passengers and government officials on Karakoram Highway (KKH) and in Gilgit-Baltistan (G-B) before Eidul Azha, the interior ministry has warned the G-B government.   The threat has come days before Eid when people from different parts of the country and the world might head to G-B to celebrate the festival with their families. This is the time when there is an increase in traffic on Karakoram Highway, the…