One year continuous operation Chashma Nuclear Power Plant unit-4 makes history
#Pakistan Atomic Energy Commission (#PAEC) announced that its Chashma #NuclearPower Plant Unit-4 has made a new record in Pakistan’s history by running for a year continuously, becoming the first electricity generation plant of the country to achieve this milestone.
Previously, Chashma Nuclear Power Plant Unit-2 (Chashma-2), held the record of running for continuous 302 days.
Member Power of PAEC Mr. Saeed-ur-Rahman, while making the announcement, said that, “This unique record of efficient and safe operations of Chashma-4 bespoke the acumen and hard work of PAEC’s teams of technicians, scientists and engineers.”
PAEC operates four nuclear power plants at Chashma, near Mianwali, that collectively generate about 1330 megawatts of electricity
Pakistan needs to seize the opportunity created by this pandemic to kick start these industries. Pivot textile to PPE manufacturing, masks, ventilators and pharmaceuticals needed for COVID19 and export like crazy.
Work on section of Gwadar RatoDero M8 to commence as top priority. CDWP approval obtained for 146 KMs-cost Rs.26 Bn Hoshab to Awaran (purple dotted portion on map). This road in remote districts of Kech/Awaran is a beacon of light for impoverished South Balochistan will change lives
Signing ceremony AzadPattan Hydel power Project. Focus been on cheaper & greener power. No fuel import so no foreign exchange wasted.3000 jobs, $1.5 Bn investment-no loan. Annual income of Rs 1.38 Bn for Punjab AJK from water use CPEC CPECMakingProgress
A 50 bed ICU / HDU now operational with GoKP funding, at the Women and Children Hospital Charsadda, increasing capacity for the district, and surge capacity for the Peshawar valley, now operational.
2. The facility is being expanded in collaboration with the federal govt & an additional 100 bed unit will be made operational August.
Although cases & hospitalisations are mercifully declining we are using the opportunity to scale up preparedness for any second surge.
CPEC makes another milestone achievement PM will grace the signing ceremony of #AzadPattan Hydel power Project today with China Gezhouba.With an investment of $ 1.5 Bn-no fuel import,we move towards cheaper&greener power.(Design Model Pics)
@Muhammad Omar , can you post about Manufacturing / SEZ projects related to CPEC. We see a lot published on Infrastructure & Power projects which are critical. However , we also need projects that provides employment to the masses and increases are exports. I was under the impression a lot of Chinese companies were going to move manufacturing/assembly near the port as well?
A image-rendering depicting IT Park in Pakistan (Export-Import Bank of Korea)
South Korea’s state-run policy lender Export-Import Bank of Korea plans to offer a $76 million-plus loan to Pakistan for IT-related projects including electronic intelligence, a top official told The Korea Herald on Monday.
Eximbank established the Economic Development Cooperation Fund in 1987 to support industrialization and economic growth in developing countries as well as promote bilateral economic exchanges.
“The size of the loan and project is expected to be larger than the IT Park construction project in 2017,” said the official, who requested anonymity.
The project is aimed to support Pakistan’s small-and medium-sized IT firms and bolster technology cooperation between South Korea and the South Asian country.
“But there have been discussions about expanding IT cooperation between the two countries beyond infrastructure, which led to the project taking shape,” the official added.
The project is still in its early stages due to the coronavirus pandemic, the official stressed. Key details, such as the master plan and the exact size of the loan are yet to be discussed.
Eximbank is also planning to delay debt repayment of seven loans extended to Pakistan via EDCF that face maturity this year -- there are a total of 13 of such loans extended to the country so far.
This is in line with the government’s decision, announced in April, to provide more than $400 million to developing countries for virus-related programs and delay repayment of debt from 27 developing nations.
“The debt repayment issue is being discussed via the Paris Club,” the official explained, pointing to a group of major creditor nations who seek to find solutions for payment problems that debtor economies face.