Tag: Bhasha

US jolts support for Diamer Bhasha Dam

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STAFF REPORT ISB: The United States affirmed support for DiamerBhasha Dam and committed to invest in renewable energy projects in Pakistan. Pakistan`s energy crisis can be countered through support of local and international stakeholders. The renewable energies can play vital role in combating the energy challenge. The expression of interest and concreteness of intent of investing in energy sector was rolled out in a meeting held between USAID Administrator of Afghanistan and Pakistan,…Read More

US jolts support for Diamer Bhasha Dam

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article image STAFF REPORT ISB:The United States affirmed support for DiamerBhasha Dam and committed to invest in renewable energy projects in Pakistan. Pakistan`s energy crisis can be countered through support of local and international stakeholders. The renewable energies can play vital role in combating the energy challenge. The expression of interest and concreteness of intent of investing in energy sector was rolled out in a meeting held between USAID Administrator of Afghanistan and Pakistan,…Read More

US willing to partially finance Bhasha Dam

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article image STAFF REPORT IBD: The United States has shown its willingness to partially finance the gigantic Diamer Bhasha Dam to ease water and power shortage in Pakistan and this comes at a time when multilateral donors have backed down on assurances of funds following Indian objections on the project."Bhasha Dam needs massive financing and we can extend partial assistance for the project," US Agency for International Development (USAID) Country Director Jock Conly told the media last week.He…Read More

Pakistan left with no option but to pledge Wapda assets for Bhasha Dam

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article image STAFF REPORT ISB:  Asian Development Bank (ADB), a leading donor for the Bhasha Dam, has informally reversed its commitment to finance the project, giving a big blow to the government of Pakistan, a senior official told the scribe on condition of anonymity.According to a Wapda spokesman, funds arrangement has emerged as a major hurdle in the execution of the project and alternative options would soon be considered to raise a massive $12 billion for the dam.The official revealed that ADB…Read More

Building Bhasha, Kurram Tangi, Munda, Dasu, Kohala, Golen Gol and Bunji dams

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article image There is a dispute on the water coming from Kashmir. Under the Indus Water Treaty, the neutral expert’s role is to interpret the clauses of the treaty and decide if any party is violating it. That certainly does not delegate any authority to the neutral expert to nullify or inactivate any clause under the disguise of declaring it irrelevant. All the clauses in the treaty are as relevant today in the overall framework defined by the treaty as they were more than 50 years agoTHE IMPACT of 1947…Read More