Speaking at the ceremony in Beijing, Zhang Jianhua, head of China's National Energy Administration, said the Matiari-Lahore transmission line is the first large-scale transmission project under the CPEC, which will become the backbone transmission channel of the new structure for the Pakistani power...
Located in the Mansehra district of the South Asian country's Khyber Pakhtunkhwa province, the hydropower project started construction in January 2017. Once becoming functional this year, it will generate some 3.21 billion kilowatt-hours of clean electricity annually, replacing 1.28 million tons of coa...
Located in the Mansehra district of the Khyber Pakhtunkhwa province, the 884-megawatt hydropower project, which has installed four impulse units, started construction in January 2017. Once becoming functional later this year, it will generate some 3.21 billion kilowatt-hours of clean electricity annuall...
With rapid progress being made in Pakistan through CPEC, several inimical voices started terming the multi-billion dollar project as a "debt-trap" for Pakistan, which will prove a back-breaking burden on Pakistan's economy. Negating the misleading comments, Noor Ahmed, secretary of the Economic...
The ministry of Planning, Development and Special Initiatives under the supervision of its minister Prof. Ahsan Iqbal has resumed the activity and started interacting with the Chinese concerned authorities to expedite work especially on the stalled projects and include new avenues in the mega project....
Last year, the number of subscribers of 3G/4G in Pakistan rose to 44.4 million, which PTA expects will rise further. 257 projects to be completed during current fiscal The government is going to inform the National Economic Council (NEC) on Monday (today) that total 257 development projects ...
generating inexpensive and environment-friendly electricity during two years reveals many success stories. In terms of energy that plays a dominant role in the economic development. Pakistan’s first joint venture CPHGC’s Hub coal-fired power plant producing 1320MW started its operation last year. ...
The country saw 39 greenfield investments adding up to an estimated $18.9 billion last year, according to fDi Markets, an FT data service. This is a big jump from 28 projects for $7.6 billion started in 2014, and marks a new high for greenfield capital investment into the country...
Many Western and Indian opponents claim that the cost of CPEC financing will be so high that Pakistan will not be able to bear it. They assert that China is attempting to catch Pakistan in a debt trap from which the country will not be able to escape, eventually turning it into a Chine...
China has started other projects such as the Bangladesh, China, India, and Myanmar (BCIM) Corridor; Silk Route in Central Asia; and the 21st Century Maritime Silk Route. The CPEC is often referred to as China’s “flagship” project. China’s enduring friendship with Pakistan is one ...