China Offers To Make Diamer-Bhasha Dam Project Part of CPEC

News Image

MG News | June 20, 2017 at 12:58 PM GMT+05:00

Chairman WAPDA says other hydro-power projects including Neelum Jehlum, Tarbela extension would be completed by May next year.

China has offered to bring Diamer-Bhasha Dam project under the umbrella of China-Pakistan Economic Corridor (CPEC).

This was informed at a meeting of the National Assembly's Standing Committee on Planning, Development and Reforms in Islamabad on Monday.

Chairman WAPDA Muzamil Hussain told the committee that the project has been pending since long, as Asian Development Bank has declined to fund it, raising objection on its location.

He informed that currently, no mega hydro-power project is included in CPEC, therefore governments of both Pakistan and China are seriously mulling over including this project in CPEC.

Chairman WAPDA said other hydro-power projects including Neelum Jehlum and Tarbela extension would be completed by May next year which would provide additional 2500 MW electricity.

He said work on Dasu project would be started next month, and completed by 2022.

Related News

Name Price/Vol %Chg/NChg
KSE100 170,884.59
165.82M
1.09%
1841.39
ALLSHR 103,297.23
574.85M
1.03%
1052.60
KSE30 50,883.00
85.37M
1.16%
585.22
KMI30 243,139.25
70.59M
1.05%
2522.69
KMIALLSHR 66,979.22
287.59M
0.99%
655.18
BKTi 47,642.11
15.25M
1.66%
776.54
OGTi 35,136.50
9.94M
0.68%
237.09
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 81,350.00 81,990.00
80,410.00
20.00
0.02%
BRENT CRUDE 103.69 104.90
103.62
-0.18
-0.17%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
6.10
4.92%
ROTTERDAM COAL MONTHLY 138.50 0.00
0.00
1.45
1.06%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 95.93 97.22
95.88
-0.15
-0.16%
SUGAR #11 WORLD 18.28 18.51
18.21
-0.04
-0.22%

Chart of the Day


Latest News
September 20, 2026 at 12:43 AM GMT+05:00

SECP disposes of 98% of adjudication caseload


September 19, 2026 at 09:06 PM GMT+05:00

SE Fruits IPO: Can Rs1.2bn Turn Into a 137% Growth Story?


September 19, 2026 at 12:26 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


September 19, 2026 at 09:05 AM GMT+05:00

Weekly Market Roundup


September 19, 2026 at 08:25 AM GMT+05:00

Petrol price cut by Rs1.65, HSD by Rs0.88 per litre



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg