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 172,399.90
320.00M
1.59%
2696.30
ALLSHR 103,927.90
888.16M
1.29%
1323.37
KSE30 51,428.16
185.27M
1.65%
836.84
KMI30 246,743.08
136.63M
1.75%
4243.24
KMIALLSHR 67,499.94
461.75M
1.34%
890.73
BKTi 46,974.29
67.03M
1.67%
773.64
OGTi 35,183.53
7.71M
0.85%
295.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,600.00 64,485.00
62,835.00
-75.00
-0.12%
BRENT CRUDE 86.78 89.90
85.80
-3.60
-3.98%
RICHARDS BAY COAL MONTHLY 123.00 0.00
0.00
1.10
0.90%
ROTTERDAM COAL MONTHLY 131.00 131.00
130.00
-1.75
-1.32%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 84.28 87.23
83.20
-3.43
-3.91%
SUGAR #11 WORLD 13.70 13.97
13.68
-0.09
-0.65%

Chart of the Day


Latest News
June 12, 2026 at 11:53 PM GMT+05:00

Petrol down Rs4/litre, diesel Rs2


June 12, 2026 at 09:29 PM GMT+05:00

Pakistan finalizes PIA, first Women Bank privatization


June 12, 2026 at 09:29 PM GMT+05:00

Transport receives largest PSDP share


June 12, 2026 at 08:55 PM GMT+05:00

Pakistan's power sector reforms deliver Rs143bn savings



Top 5 things to watch in this week

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