The Khyber Pakhtunkhwa government has expressed dissatisfaction with the slow progress of the 300 MW Balakot Hydropower Project in Mansehra and the 69 MW Lawi Hydropower Project in Chitral. A notice will be issued to contractors for both projects warning them to speed up construction or face further action. In a special meeting chaired by … Read more
ISLAMABAD: Pakistan Railways (PR) has refunded Rs380 million to passengers over a period of three years due to delay in starting trains from the original station. “Rs 33 million in 2023, Rs 269 million in 2022 and Rs 78 million in 2021 have been recovered to facilitate passengers following their complaints regarding undue delay in … Read more
Pending approvals for the revised PC-1 project for the 2,160 MW Phase 1 hydropower project and unresolved security concerns are delaying the signing of additional $1 billion in financing agreements with the World Bank. Business Registrar The Ministry of Economic Affairs has urged the Ministry of Water Resources to expedite the submission and approval of … Read more
The Power Department has initiated an investigation against the National Transmission and Dispatch Corporation (NTDC) over the removal of several development schemes from the Public Sector Development Program (PSDP). Business Registrar It stated that the plans that were removed include the World Bank-financed Electricity Distribution Efficiency Improvement Project (EDEIP). The deletion of major development plans … Read more
China has expressed serious concern over Pakistan’s delay in transferring 97 acres of Gwadar port land and securing funds for the Main Line 1 (ML-1) railway project. The stalled land transfer, a decade after the handover of Gwadar port to China, and the unresolved financing of ML-1 have emerged as major points of contention amid … Read more