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Chinese firms have temporarily halted construction on the Dasu and Diamer-Bhasha dams.

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9 months ago

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A day after work at the Tarbela 5th Extension Hydropower Project was also put on hold, Chinese businesses in charge of operations at the Dasu and Diamer-Bhasha Dams have temporarily paused civil work at the sites due to security concerns, The News reported on Friday.

This development follows earlier this week’s terror incident in Shangla, which resulted in the deaths of at least six individuals, including five Chinese engineers who were working on the Dasu Dam.

The passengers died on Tuesday when their bus was struck by an explosive-laden automobile on the Karakoram Highway in the Bisham region.

An official working on the project revealed to the publication that approximately 991 Chinese engineers were employed on both projects, with the local workers being instructed to remain at home until further orders are given.

At District Upper Kohistan, the 4,320 MW Dasu Dam is being constructed by over 6,000 locals and 741 Chinese laborers. Chinese engineers are still employed at the Mohmand Dam site in Khyber Pakhtunkhwa, where construction is still ongoing.

In a similar vein, a Chinese company’s suspension of dam construction was verified by GM Diamer-Bhasha Dam (DBD) Nazakat Hussain. According to him, there were about 500 Chinese nationals working in DBD, but FWO personnel are still employed. Approximately 6,000 residents are working on the dam project.

In a few days, he hoped, things would settle down and the Chinese workers would return. By using hydropower, the Diamer-Bhasha Dam would generate 4,800 MW of electricity.

Asim Rauf, the general manager of the Mohmand Dam, told The News that the 250 Chinese laborers are still working on the project and have not stopped.

“Chinese have shown satisfaction over the security situation in the project area, and they are working on the site,” according to the official.

After it is finished, the Mohmand Dam will manage floods downstream, irrigate 15,100 acres of land, and provide 740 MW of hydroelectricity.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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6 days ago

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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6 days ago

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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