ajpirzada
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Six power plants: US to extend $125 million for rehabilitation
MUSHTAQ GHUMMAN
ISLAMABAD (March 19 2010): United State (US) has agreed to extend $125 million to energy-starved Pakistan for rehabilitation of six hydro and thermal power plants, official sources told Business Recorder. The sources said US is expected to provide fund for repair and maintenance of units 1, 3 and 4 of Terbela Dam at an estimated cost of $16.5 million that would increase generation by 80 MW.
For rehabilitation of units 1, 2, 3, 4, 5 and 6 of Muzaffargarh Thermal Power Plant, US has agreed to extend $15.2 million. The sources revealed that Islamabad is hopeful of getting $18.4 million from US in one year for repair and maintenance of units 1-4 of 850 MW Jamshoro Thermal Power Plant.
According to sources Pakistan would receive $18.1 million for repair and maintenance of units CC-5, GT-7 and >-8 of Guddu Thermal Power Plant. US will also provide $60 million to improve power distribution system of Power Distribution Companies (Discos).
It is not known how much has been allocated by the US for the replacement of 1000 inefficient tube-well pumps. This financial assistance is apart from the 20 new energy sector projects, which are being submitted to the USG for funding. Pakistan and the United States are scheduled to hold the next round of strategic dialogue towards the end of the current month in Washington, with acquisition of civil nuclear technology and military to military co-operation on top of Pakistan's agenda.
Official documents reveal that the dialogue would focus on the entire gambit of co-operation, including economic, energy, defence, counter-terrorism, science and technology, education, agriculture, health, public diplomacy and consultations on security, strategic stability and non-proliferation. Foreign Minister Shah Mehmood Qureshi will lead the Pakistani delegation, while US Secretary of State will represent the US.
The objectives of these talks are to provide strategic guidance/directions for strengthening US-Pakistan partnership in the 21st century, review progress and oversee implementation of agreed programmes/projects, comprehensively share perspectives on regional and global issues, chart a roadmap for promoting comprehensive co-operation based on the foundations of shared values, mutual trust and mutual respect.
Business Recorder [Pakistan's First Financial Daily]
MUSHTAQ GHUMMAN
ISLAMABAD (March 19 2010): United State (US) has agreed to extend $125 million to energy-starved Pakistan for rehabilitation of six hydro and thermal power plants, official sources told Business Recorder. The sources said US is expected to provide fund for repair and maintenance of units 1, 3 and 4 of Terbela Dam at an estimated cost of $16.5 million that would increase generation by 80 MW.
For rehabilitation of units 1, 2, 3, 4, 5 and 6 of Muzaffargarh Thermal Power Plant, US has agreed to extend $15.2 million. The sources revealed that Islamabad is hopeful of getting $18.4 million from US in one year for repair and maintenance of units 1-4 of 850 MW Jamshoro Thermal Power Plant.
According to sources Pakistan would receive $18.1 million for repair and maintenance of units CC-5, GT-7 and >-8 of Guddu Thermal Power Plant. US will also provide $60 million to improve power distribution system of Power Distribution Companies (Discos).
It is not known how much has been allocated by the US for the replacement of 1000 inefficient tube-well pumps. This financial assistance is apart from the 20 new energy sector projects, which are being submitted to the USG for funding. Pakistan and the United States are scheduled to hold the next round of strategic dialogue towards the end of the current month in Washington, with acquisition of civil nuclear technology and military to military co-operation on top of Pakistan's agenda.
Official documents reveal that the dialogue would focus on the entire gambit of co-operation, including economic, energy, defence, counter-terrorism, science and technology, education, agriculture, health, public diplomacy and consultations on security, strategic stability and non-proliferation. Foreign Minister Shah Mehmood Qureshi will lead the Pakistani delegation, while US Secretary of State will represent the US.
The objectives of these talks are to provide strategic guidance/directions for strengthening US-Pakistan partnership in the 21st century, review progress and oversee implementation of agreed programmes/projects, comprehensively share perspectives on regional and global issues, chart a roadmap for promoting comprehensive co-operation based on the foundations of shared values, mutual trust and mutual respect.
Business Recorder [Pakistan's First Financial Daily]