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US to give $1b for six energy projects

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U.S. to provide $16.5 mln to upgrade Pakistan's power plant - People's Daily Online Jan 13 2010

The United States Special Representative for Afghanistan and Pakistan Richard C. Holbrooke announced Wednesday the U.S. government will contribute 16.5 million U.S. dollars to improve the operating capacity of Pakistan' s hydroelectric plant.

Grant funding will be provided to the Ministry of Water and Power (MoWP), and implemented through the Pakistan Water and Power Development Authority (WAPDA), local media reported.

"The energy crisis in Pakistan is an issue that affects everyone," visiting Holbrooke said here at a ceremony of signing the agreement.

"Power blackouts cripple commerce and cause suffering in the daily lives of millions of Pakistanis. An efficient system of power generation and distribution is a critical factor in spurring economic development to the benefit of all," said Holbrooke, who is on his three-day visit to Pakistan.

"The U.S. is Pakistan's largest donor partner," said Shahid Rafi, Secretary of the Ministry of Water and Power. "We really appreciate that Secretary Clinton's words have been translated into action."

The rehabilitation, expected to be complete within 18-24 months, is part of a 125 million dollars "signature" program announced by the U.S. Secretary of State Hillary Clinton in October 2009, aimed at increasing electricity output and improving energy efficiency in Pakistan.

Source: Xinhua
 
Penuts for same old "OLD" technology burden completly useless we need 2 billion for Solar/Wind farms
 
US to give $1b for six energy projects

By: Kaswar Klasra | Published: January 14, 2010

ISLAMABAD – US will provide $ 16 million for the up-gradation of Pakistan’s largest hydropower project Tarbela. This was stated by the US Special Envoy for Pakistan and Afghanistan, Richard Holbrooke, in his joint press conference with Foreign Minister Shah Mahmood Qureshi here on Wednesday.

Richard Holbrooke who is currently on a three-day official visit to Pakistan said that United States was well aware of the energy crisis confronting its trusted ally Pakistan. In order to help Pakistan in meeting its energy requirements, United States will help to upgrade Tarbela Hydropower Project on priority basis, Holbrooke said.
He said a Memorandum of Understanding (MoU) has also been signed in this connection on Wednesday between the US and Pakistan.

Agencies add: The United States will give Pakistan $1 billion for six energy sector projects over the next four years to meet energy shortages, a US official said Wednesday. The projects include up-gradation of the Jamshoro Thermal Power Station in Sindh and Muzaffarabad Power Station in Punjab, Holbrooke said after signing an agreement for the projects.

US to give $1b for six energy projects | Pakistan | News | Newspaper | Daily | English | Online
 

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