PM not happy with Neelum Jhelum project delay
The prime minister is upset with the Neelum Jhelum management team in delaying the completion of the hydropower dam. The hydropower dam was supposed to complete by October 2015, then the date was revised to December 2016, but now it seems it will much longer than that. During the... Read more
Government to outsource security and operations of power generation companies
The federal government has decided to outsource the security of energy installations and oil logistics, and also to hand over the operations of power generation companies. The decision was made in the light of the attack by militants on transmission lines in Baluchistan which resulted in blackouts around the... Read more
Neelum Jhelum project funding resumes
After a meeting between the Middle East lenders, Ishaq Dar, and Abid Sher Ali, the Middle East lenders have agreed to resume funding for the 969 megawatts Neelum Jhelum hydropower project. The lenders had stopped the project financing due to the increase in cost completion. The lenders were to... Read more
KPK hydropower project gets approved
The Executive Committee of National Economic Council, ECNEC, approved several projects during its meeting on Thursday including KPK’s hydropower project. The ECNEC, headed by Ishaq Dar, is the sole authority responsible for approving the country’s spending on projects. The planned Lawi hydropower plant in KPK will produce 69 megawatts... Read more
Government rejects high interest loan for Neelum Jhelum
The government has rejected a high interested loan which was offered by Exim Bank of China for the Neelum Jhelum hydropower project. Exim Bank had already financed a loan for this project at 4.4% interest, but the new loan was being offered at 7%. The government rejected the loan... Read more
Work hasn’t started at two Sukkur hydro-power plants
Two hydro-power plants foundation were laid in Sukkur on 5th January 2015 by Asif Ali Zardari, and were supposed to be completed in 20 months. Yet no work has started on them.  The Sindh government who is overseeing the development of these plants hasn’t allocated any funds for the... Read more
KPK government working on 365 power projects
Imran Khan while inaugurating the Koto hydropower station in lower Dir said that his government in KPK is working on 365 power projects in the province that will help reduce load shedding. The Koto hydropower station will generate 40 megawatts of electricity and will be completed in four years’... Read more
Loan stopped for the Neelum-Jhelum hydropower project
Work on the Neelum Jhelum hydropower project has slowed down as lenders have refused to give loan for the project. The hydropower plant is being set up in Azad Jammu Kashmir with some financing done through loan from the Islamic Development Bank, Kuwait Fund for Development, Saudi Fund for... Read more