Blockade removed at NJ project tunnel
LAHORE: A significant development was made in relation to removing blockade at the tail race tunnel of 969-megawatt Neelum-Jhelum (NJ) Hydropower Project during Eid day with the restoration of 150-foot…
ECNEC approves Diamer Basha project at Rs1.2 trillion
ISLAMABAD: The government on Thursday approved the Diamer Basha power generation project at a cost of over Rs1.2 trillion, showing an increase of Rs302 billion against the original price mainly…
US to launch $4.5m project for effective use of fertiliser
ISLAMABAD: Pakistan and the United States have decided that the US Department of Agriculture will launch Fertiliser Right programme this year in Pakistan, a four-year, $4.5 million project with local…
FBR project gets poor rating from lender
ISLAMABAD: The tax authorities will miss some key targets under the $400 million World Bank-funded project and will not be able to increase the nation’s revenues to 17% of the…
Indus River diverted at Dasu hydropower project site
DASSU KOHISTAN: Indus River was successfully diverted following the completion of one of the two diversion tunnels at the under-construction Dasu hydropower project in Kohistan District, Khyber-Pakhtunkhwa (K-P). Instead of…
Dar says 90pc of Geneva pledges are ‘project loans’
ISLAMABAD: Finance Minister Ishaq Dar on Wednesday said that nearly 90 per cent of the pledges made at the Geneva moot were “project loans”. The minister made the remark while…
Reko Diq project reconstituted, first production expected in 2028
Canadian mining firm Barrick Gold Corporation (BGC) on Friday said that it had completed the reconstitution of one of the world’s largest undeveloped copper-gold projects after receiving nods from Pakistan’s…
Pakistan inks final deal for Reko Diq project
ISLAMABAD: Pakistan on Thursday inked the final deal with representatives of Barrick Gold and Antofagasta PLC in London for the revival of the Reko Diq project and the settlement of…
CPEC fruit: 1,320MW project initiated
ISLAMABAD: As Pakistan’s energy import bill touched an exorbitant $27 billion, Prime Minister (PM) Shehbaz Sharif underlined the need to explore indigenous resources including hydel, solar, air and coal to…
ECC approves agenda items relating to Reko Diq Project
The Economic Coordination Committee (ECC) on Sunday approved two important agenda items related to the Reko Diq project, paving the way for its early start. Finance Minister Ishaq Dar chaired…