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News Headlines for the month of
OCTOBER 2015

Italy to assist in hydro projects in Gilgit-Baltistan

A delegation led by Director Development Cooperation, Embassy of Italy DrDomenicoBruzzone called on Chief Secretary Gilgit-Baltistan Tahir Hussain in Gilgit. The Italian official highlighted areas of potential technical collaborations and future interventions and expressed interest of Italian cooperation in the hydro projects in GB. The Chief Secretary welcomed delegation and appreciated contribution of Italian Government and people for support in Gilgit-Baltistan in various sectors.

Copyright Business Recorder, 2015

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South Korea offers assistance in energy sector

South Korean Ambassador Song Jong-hwan called on Punjab Chief Minister Shahbaz Sharif, here on Friday. Matters of mutual interest, bilateral relations and promotion of co-operation in energy, infrastructure, transport and other sectors were discussed in the meeting. The South Korean Ambassador offered to extend all out assistance and co-operation in energy sector and it was agreed in the meeting to promote economic and trade relations between Pakistan and South Korea. The Korean Ambassador also expressed sorrow and grief over the loss of precious human lives in worst earthquake in Pakistan and said that South Korean government and people are standing by Pakistan in this moment of trial. The Chief Minister said that there are strong friendly and economic relations between Pakistan and South Korea and time has come to further promote economic and trade co-operation between the two countries. He said that there are vast opportunities of investment in energy sector in Pakistan and Korean companies can benefit from them. Shahbaz welcomed the offer of co-operation and assistance by South Korea in energy sector.

Copyright Business Recorder, 2015

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Thar block II: China to finance second coal-fired power plant

China has agreed to finance second 660 MW coal fired power plant at Thar block II aimed at enhancing generation capacity of Thar block to 1320 MW. This decision was made at the meeting held on video conference between Secretary Ministry of Water and Power, Mohammad YounusDagha and Zhang Yuqing, Vice Administrator National Energy Administration China. Similar decision was also taken for a coal fired Power Plant at Hub, Balochistan According to the Ministry of Water and Power, video conference was held to discuss the progress of CPEC projects. After deliberations, Ministry of Water and Power was successful in convincing Chinese side, that the expansion of mining and power generation at Thar coal was critical for enhancing energy security and reduction in electricity tariff in the long run. Both sides agreed to add another project of 660MW for Thar Block-II and increase the mine size from 3.8 MTPA to 6.5 MTPA in priority list of CPEC projects. In order to further expand power generation on cheaper fuel ie coal, the Ministry of Water and Power and Chinese side agreed to add another unit of Hubco coal fired project (1x 660 MW) on priority list under the CPEC framework agreement. This will help project sponsors to secure financing from Chinese financing institutions on priority basis. Both sides also recognised the importance of +660 KV HVDC Transmission line from Matiari to Lahore which is very critical for evacuation of power from various projects planned in south in future. Both sides expressed the resolve to expedite the completion of all necessary requirements for achieving financial close at the earliest, so that this project is available to transmit new generation. M/s Engro is appreciating Minister Water and Power, Khawaja Asif, Secretary Water and Power, YounasDagha, Minister for Planning, Ahsaniqbal and Additional Secretary to Prime Minister, Fawad Hasan Fawad for their continuous support.

Copyright Business Recorder, 2015

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LNG deal likely by mid-November: Khaqan

Pakistan and Qatar are expected to ink a long-term Liquefied Natural Gas (LNG) deal on government to government basis by mid-November 2015 subsequent to Pakistan State Oil (PSO) and Qatargasfinalising the Sales Purchase Agreement (SPA), Federal Minister for Petroleum and Natural Resources Shahid KhaqanAbbasi said Wednesday. Addressing a seminar "Pakistan LNG Import," he said imported LNG was the only way to resolve the country''s energy crisis on an emergency basis, which will save up to $2 billion per annum if it is replaced as fuel with furnace oil based power plants. The minister said successive governments during past 15 years tried their best to start the import of LNG but failed, "had the import of LNG started 10 years ago Pakistan would have not faced the serious energy crisis which forced many industrial units to shut or shift to other countries and as a result Pakistan faced substantial financial losses and high levels of unemployment too." The previous three governments made five attempts to import LNG but failed to adopt an integrated approach, wherein LNG terminal developer was also LNG supplier, Abbassi said and added that PML-N government resorted to an unbundled approach and the LNG terminal development was separated from LNG procurement. This, the minister maintained, led to the Sharif Administration''s success in providing the country with its first LNG-based gas plant within 20 months after coming into power. Abbassi said LNG was a game changer and the 400 Million Cubic Feet per Day (MMCFD) LNG terminal would add five percent to the country''s primary energy mix. The government pursued a transparent process for developing a terminal and the EngroElengy built the SSGC LNG re-gasification terminal in a record time as the contract was signed on April 2014 and first gas flow was ensured on 26 March, 2015. He said cost calculations proved that RLNG was cheaper than all other imported fuels and Ogra had determined RLNG price of 8.64 per MMBTU. Khaqan said average re-gasification tolling fee was charged at the rate of $0.66 per MMBTU which was the lowest in the world, adding that as most LNG contracts in the world are priced with a direct linkage to oil, Pakistan LNG imports would also be linked to crude oil. He said the government was replacing furnace oil based power plants with LNG and "if we are importing LNG at 15 percent of Brent index it would cost $7.5 per MMBTU." He said since the country''s natural gas production had been stagnant at 4 Billion Cubic Feet per Day (BCFD) for 10 years and constrained demand stood at 6 BCFD with local gas production fast depleting, so to cope with the energy crisis on immediate basis import of LNG was the only option which the government adopted. Abbasi said Pakistan needed to import natural gas through pipelines or LNG. The Iran-Pakistan (IP) gas pipeline will bring 750 mmcfd of gas to the country and Pakistan has begun construction work on the project which will be completed by December 2017, Abbassi said adding that it was delayed due to international sanctions against Iran. In addition, construction of Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project which will add 1.325 BCFD to national gas network has been delayed since 1995 due to instability in Afghanistan and other issues but now all the stakeholders including India and Afghanistan have signed the transaction agreement and it is scheduled for completed by end 2019, the minister said. Replying to a question, he said that the oil mafia tried to stop him from initiating LNG import process but he was determined to finalise the deal and now Pakistan has become an LNG importer. Answering another question, he said the ground-breaking of TAPI project is expected in December this year, which would go a long way in improving Pakistan''s energy situation. Within next three years Pakistan will become the sixth largest importer of LNG as China will build LNG terminals in Pakistan with a capacity to handle 1.2 BCFD of the commodity and another LNG terminal will be constructed at Port Qasim with a capacity to handle 600 MMCFD. The minister said since March 2015 Pakistan has purchased 14 LNG cargoes, adding that in the first year contractual commitment was of 24 cargoes, but the number could go up to 26 cargoes. He said six cargoes were procured on spot purchase basis from Qatargas FOB and eight cargoes were procured through competitive bidding process, adding average price of LNG cargoes procured was less than 14 percent of Brent oil. He said power generation based on 400 mmcfd of regasifiedRLNG would generate additional 9 billion kWh of electricity, which will save $600 million to $1 billion per annum. Under-construction 3600 MW RLNG based power plants would generate 30 billion kWh saving over $2 billion annually. Replying to a question, the minister said the government needed to sign five more contracts to import LNG, as currently LNG caters to only 20 percent of the country''s LNG needs. He said the government was open to all questions with regard to its efforts for mitigating energy crisis, adding all parliamentarians were invited to forward there suggestions to ensure LNG imports into the country. He said government had allowed the private sector to import and use LNG, a testimony to its sincere efforts to further improve economic indicators. He said each sector would bear its own burden while consuming LNG and the burden would not be shifted to any other sector. Speaking on the occasion, Minister for Water and Power Khawaja Asif said he was ready to face any probe on Nandipur project and others, and if anybody has solid proof against him he must file a case. He said he himself filed cases against Rental Power Projects (RPPs), Liquefied Petroleum Gas (LPG) quotas and Nandipur power project against the former federal ministers and in the Supreme Court of Pakistan he proved his stance. Asif said the government was committed to resolving the energy crisis and "war on energy crisis was as important as war on terror and we are fighting on all the fronts." Asif said the government was exploring cheap sources of energy including LNG to overcome power shortage in the country. He said that the escalation in cost of Neelum-Jhelum Hydel Power project was caused by the 2005 earthquake.

Copyright Business Recorder, 2015

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Call for use of Thar coal in power projects

Use of imported coal in a proposed 660-megawatt power generation project raised concern at a public hearing on Monday, as the government was asked to immediately devise a short-term policy to ensure use of indigenous coal resources for electricity production. Participants in the meeting were earlier informed that coal for the power project of Lucky Electric Power Company (LEPC), part of Lucky Cement Limited, would be imported from Indonesia, South Africa, and/or Australia. The LEPC project site is spread over 250 acres in Deh Ghangiaro in Bin Qasim Town near the Port Qasim area, where similar coal-fired power projects are at different stages of approval or construction. The hearing was held as required under the Sindh Environmental Protection Act, 2014. During the question-answer session, Dr Mirza Arshad Ali Baig, former director general of the Pakistan Council of Scientific and Industrial Research who is heading the EIA (Environmental Impact Assessment) team of the project, regretted that power policy had been politicised and the government failed to come up with a viable plan to make use of local coal resources. Despite facing the energy crisis since the 1990s, the local coal had not been utilised to produce electricity, he said. “We are already too late in utilising local coal as a cheap source of generating electricity that the country so desperately requires. “There is an immediate need for a short-term government policy and investment in research to make use of the huge coal reserves especially the ones we have in Thar,” he said. The government decision to go for imported coal for industrial purposes was wrong, he added. LEPC chief executive Intesar Haqqi, however, explained reasons why the company preferred imported coal to the Thar coal in its project. He argued that among other hiccups, the high transportation cost was a major reason behind the decision. “Firstly, the Thar coal is not available in the market. Secondly, we have been importing coal for cement manufacturing from South Africa for the past many years. “We spend 14 paisa per tonne per kilometre to bring the coal from South Africa to Karachi by sea. But the road journey from Thar to Karachi will involve expenses of Rs1,750 per tonne per kilometre. In fact it will be much higher given the fact that water content in Thar coal is high,” he said. The process of making Thar coal viable for energy uses, he said, required investment of more than a billion rupees and an entrepreneur would do that only if he was assured that there was an attractive market available to sell his product. As a first step, he continued, the government needed to develop what he described as a ‘coal culture’. “The expansion of coal-based industries would encourage parties to invest in Thar coal exploration."

Copyright Dawn, 2015

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Japan’s CPN Group keen to invest in Punjab

LAHORE - Japanese investors have shown keen interest in joint ventures with their Pakistani counterparts in IT sector, shipbuilding industry and energy sector, as the country has great scope for new investment. This was stated by CPN Group CEO Shingo Shinozaki while talking to the office-bearers of LCCI during his visit to the Chamber on Monday. LCCI Vice President Nasir Saeed, Vice President of SAARC Chamber of Commerce & Industry Iftikhar Ali Malik threw light on the trade & economic relations between the two countries while members of the delegation Keiji Yamamoto and Mirza Asif Baig also spoke on the occasion. The Japan-based CPN Group CEO said that his delegation is planning to also meet with Punjab Board of Investment chairman Abdul Basit, Board of Investment chairman Miftah Ismail and FPCCI President Mian Adrees to discuss opportunities of investment in Pakistan. Shingo Shinozaki said that he is also intending to go to Faisalabad, the hub of textile industry, to explore investment avenues in Punjab. CPN Group CEO said that Japanese companies were already entered in joint ventures with their Pakistani counterparts in vehicle assembly and various other sectors. More Japanese companies were interested in investing in Pakistan, he added. He said that Japan gave great importance to its relations with Pakistan, as it was an important friend of his country. Japan is one of the trillion economies of the world and ranked at third place in the list of GDP-wise largest countries and can play an important role in the economic development of Pakistan, he observed. Among the top import and export destinations of Pakistan, Japan came at 8th and 25th places respectively. Moreover, the bilateral trade had been averaging around US$ 2 Billion. Other delelegation members said that research to identify areas of economic cooperation between Pakistan and Japan can help double the existing trade volume. Chambers of Commerce & Industry of both countries can play an important role in this regard. The LCCI Vice President Nasir Saeed said that Japan is playing a laudable role in economic uplift of Pakistan and striving to deepen mutual understanding through economic exchanges. He said that there is a great scope for establishing joint ventures between business communities of the two countries. He said that Japan is a major donor to Pakistan as well as an important trading partner. He said that among the top import and export destinations of Pakistan, Japan comes at 8th and 25th places respectively. Moreover, the bilateral trade has been averaging around US$ 2 Billion. The balance of trade heavily favours Japan as Pakistan’s share in two-way trade is just 10%. Vice President of the SAARC Chamber of Commerce & Industry Iftikhar Ali Malik said that organizations like Japan International Cooperation Agency (JICA) in social sector, Japan External Trade Organization (JETRO) in promotion of trade and investment are playing their due role in Pakistan but we need to innovate the ways to produce better results. “The best way for us is to identify the areas where we can cooperate with each other. It goes without saying that the role of Japanese Embassy is of key importance”, he added.

Copyright The Nation, 2015

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Governor seeks Russia’s help in mineral exploration

QUETTA: Balochistan Governor Mohammad Khan Achakzai has said that Pakistan and other countries in the region had no option but to cooperate with each other for peace and development in their region. He was talking to Russian Ambassador Alexey Dedou who called on him at the Governor House here on Sunday. They discussed relations between Pakistan and Russia, the regional situation and other issues of bilateral interest. The governor described the improvement in Pakistan-Russia ties as a good omen and expressed the hope that it would translate into bilateral collaboration in different sectors. MrAchakzai said that Russia was an emerging economic power that could help Pakistan in different sectors. He said the energy crisis being faced by Pakistan could be overcome with the cooperation of Russia. Balochistan was rich in natural resources, particularly minerals, but lacked the resources for exploring and exploiting them, he said. “We can utilise the resources for development of the province and prosperity of its people with the help and cooperation of developed countries like Russia,” the governor said. He recalled that Russia had helped in establishing the Pakistan Steel Mills in Karachi. The governor said that underdeveloped and developed countries would equally benefit from trade and economic activities in the region. Ambassador Alexey Dedou stressed the need for further strengthening of the bilateral relations and expressed interest in helping overcoming the energy crisis in Pakistan and extending cooperation for exploration of mineral resources in Balochistan. He said his country had developed good relations with Pakistan through the Shanghai Cooperation Organisation but more collaboration was needed between the two countries in different sectors. The Russian diplomat praised the Zarb-i-Azb military operation against terrorists and said that Pakistan could play an important role in restoring peace and order in the region.

Copyright Dawn, 2015

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1100km-long gas pipeline: Pakistan, Russia sign IGA

Pakistan and Russia on Friday signed an Inter-Governmental Agreement (IGA) for construction of 1,100 kilometers-long gas pipeline, costing $2 billion from Karachi to Lahore for transportation of imported Liquefied Natural Gas (LNG). Federal Minister for Petroleum and Natural Resources Shahid KhaqanAbbasi and Russian Energy Minister Alexander Novak signed the agreement. Prime Minister Nawaz Sharif along with other senior government officials of two sides witnessed the agreement signing ceremony. The pipeline will transport 12.4 billion cubic feet of LNG per annum, of which half would be used to generate 3,600 Megawatts of electricity, while the rest would be supplied to CNG, fertiliser and industrial sectors of Punjab. In order to deal with a severe gas shortage, Pakistan has constructed first LNG terminal at Port Qasim, Karachi, with a capacity to handle up to 600 Million Cubic Feet per Day (MMCFD) of LNG, while another terminal will be completed by 2017 with a capacity to handle 500 MMCFD of LNG. The 1100km-long pipeline will be dedicated for the transportation of LNG from Karachi to Lahore. The first phase of the project will be completed by December 2017 and the second phase in 2018, with a total investment of $2 billion. The North-South gas pipeline project would be built by Russian company RT Global Resources - a part of Russian state corporation Rostec. Pakistan is facing a serious gas shortage as total demand stands at 8 BCFD against total production of 4 BCFD. The government is managing the gas supply to different sectors through a gas load-management plan, according to which, in winter, gas supply to industrial, fertiliser and CNG outlets remains suspended in Punjab, while in Sindh 3 days-a-week gas is being supplied to industrial and CNG outlets. Punjab province is the largest gas consumers. It consuming 44 percent of the national gas while in gas production Punjab''s share is only 5 percent. To bridge the national gas shortage Pakistan has started importing LNG while Iran-Pakistan (IP) and Turkmenistan-Afghanistan-Pakistan-India (TAPI) projects are also in the pipeline. The agreement has been welcomed by all the gas consumers, saying that it will become a milestone in the Russian-Pakistan bilateral relation. The All Pakistan CNG Association (APCNGA) while welcoming the move has said the construction of 1100 kilometre pipeline to transport LNG from Karachi to Lahore will prove beginning of the end of energy crisis in Pakistan which has crippled national economy since 2006. The completion of the pipeline will not only help generation of 3,600MW of power in Punjab but will also help in making operational the shutdown fertiliser plants, restoration of world''s largest CNG sector, and industrial sectors in Punjab, Ghiyas Abdullah Paracha, Chairman Supreme Council APCNGA said. The agreement would help change the energy landscape of the country which is a great achievement of the government. However, construction on two more LNG termini with 1000bcf capacity is necessary to make it a success, he said. Paracha said that distribution of gas should be improved by laying new pipelines so that the situation could improve. He said that Prime Minister of Petroleum Minister should personally monitor development of the project to ensure unhindered development and timely completion which will revolutionise economy. The leader of the CNG sector said that all the concerned departments should be cleared of corrupt, incompetent and conspirators while experienced officials of good repute should be posted for the success of project. Gas companies should be directed to minimise increasing transmission and distribution losses which is of vital importance to this landmark initiative, he said.

Copyright Business Recorder, 2015

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LNG import may be increased up to 600 MMCFD

Pakistan is considering enhancing volume of Liquefied Petroleum Gas (LNG) import from Qatar by 200 Million Cubic Feet per Day (MMCFD) - from 400 MMCFD to 600 MMCFD - on government to government basis. According to Petroleum Ministry officials, after the approval of provisional LNG prices by the Oil and Gas Regulatory Authority (OGRA) major hurdle in signing the LNG Sales Purchase Agreement (SPA) with Qatar has been removed and within the next few weeks the two countries will sign a long-term LNG deal on government to government basis of 600 MMCFD instead of the earlier planned 400 MMCFD". The official said that Qatar was ready to supply the required commodity but Pakistan has to ensure timely payments, adding that from March 2015-16 two LNG ships were offloaded monthly with a volume of 3 BCFD each; but after March 2016 four to six ships would be offloaded per month depending on the nature of the agreement. Engro Corporation's Elengy Terminal Pakistan Limited (ETPL) has a total capacity to handle 600 MMCFD of the imported commodity and the government wants to utilise its full capacity. Earlier, the government had stated that on government to government basis it will ink 400 MMCFD deal with Qatar and the rest of the capacity will be utilised by the private sector. Pakistan is facing serious gas shortage as supply is constant at a little over 4 Billion Cubic Feet per Day (BCFD) against managed demand of 6.5 BCFD, while total demand has crossed 8 BCFD mark. To facilitate the private sector, sources said the government is to allow construction of second LNG terminal at Port Qasim Karachi with a capacity to handle 500 MMCFD of LNG. When the officials were asked why the government failed to ink the final agreement with Qatargas to import the commodity on government to government basis, they said that (i) Port Qasim Authority (PQA) failed to develop the required 14 meter depth of LNG channel for docking LNG ships; (ii) PQA was demanding $1.2 million port fee for each LNG ship but has now agreed on $0.7 million which is still high compared to world rates; and (iii) the SPA was also linked with the determination of LNG consumer prices by OGRA, which was approved on October 8 and paved the way for signing the final deal. To set the LNG prices with Qatar, the government has formed an eight member committee comprising of Secretary Petroleum as chairman committee, Additional Secretary (AS) Finance Ministry, AS Ministry of Water and Power, Chairman Board of Investment, Managing Director (MD) Sui-Northern Gas Pipelines Limited (SNGPL) MD Sui-Southern Gas Company Limited, MD PSO and MD Inter State Gas System (ISGS) who is also the secretary price negotiating committee. According to a member of the price negotiating committee, all the formalities to ink government to government LNG deal with Qatar are ready, only Ogra's determination of consumers' LNG price was awaited. Shahid KhaqanAbbasi, Minister for Petroleum, told this correspondent that everything is being finalised for signing of a long-term contract with Qatar following OGRA's approval of LNG price. He claimed that the deal with Qatar would be the best in Asia. "Japan is importing LNG from Qatar at $7.35 per MMBTU, but we will bring LNG at less than $7 in line with current oil prices," he said and stressed that the country would save $2 billion per annum if all oil-based power plants were replaced with LNG fuel.

Copyright Business Recorder, 2015

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OMV finds gas in Latif exploration block

Austrian oil and gas company OMV has found gas at the Latif exploration block in Sindh, it said on Monday. The Latif South-1 well had a gas throughput of 2,500 barrels of oil equivalent (boe) a day during testing, the company said in a statement. "This discovery has opened up new exploration opportunities in the area," it said. "Further appraisal work is needed to confirm the size of the discovery." OMV''s global production was 309,000 boe a day last year, the company said. OMV has a 33.4 percent stake in the Latif exploration licence. Its partners are Pakistan Petroleum Ltd and Italian energy group Eni, which hold 33.3 percent each.

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Turkmenistan team meets KhaqanAbbasi

A delegation of Turkmenistan headed by YagshygeldiKakayev, Director of State Agency for Management and Hydrocarbon Resources of Turkmenistan, called on Federal Minister for Petroleum and Natural Resources, Shahid KhaqanAbbasi in Islamabad. The Minister for Petroleum and Natural Resources appraised the delegation of the energy sector of Pakistan and related initiatives. He informed the delegation that the present government of Pakistan is committed to resolve the energy crisis being faced by Pakistan in the shortest possible time. "In this regard both long term and short term measures are being undertaken." said the minister. The Turkmen delegation expressed satisfaction over the state of the bilateral energy co-operation that exists between Turkmenistan and Pakistan. The Turkmen side exchanged views and updates regarding the TAPI gas pipeline project and extended an invitation to the Pakistani side to participate in the upcoming Steering Committee meeting being held in Ashgabat, both sides also held detailed discussions on the shareholder's agreement and the participation of Pakistani oil and gas companies to undertake joint ventures and share their expertise in major oil and gas projects. The minister while welcoming the YagshygeldiKakayev, stated that present government attached utmost importance to its cordial ties with Turkmenistan and is determined to take these relations to even higher level by expanding mutual co-operation in all fields. He assured the delegation of his government's co-operation to achieve their common goals. The minister stated that Pakistan has always appreciated and welcomed the co-operation extended by Turkmenistan Government in various sectors of the economy.-PR

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Pakistan, RoK sign $500 million framework arrangement

Pakistan and Republic of Korea signed a Framework Arrangement amounting to $500 million, here on Friday. Under the signed Framework Arrangement, South Korea will provide assistance for completion of various projects related to hydropower, road infrastructure, improvement of power distribution system, information technology and health sector. Some of the projects are: Malakand tunnel construction project, establishment of children hospital, NA 45 improvement as well as widening project and completion of IT Park project. The Pakistan-Korean co-operation agreement is a part of celebration of Korean Foundation Day, which is October 15. Muhammad SaleemSethi, Secretary Economic Affairs Division and Dr Song Jong-hwan, Ambassador of the Republic of Korea signed the framework on behalf of their respective governments. Finance Minister Senator Ishaq Dar, who witnessed the signing ceremony, appreciated the role and co-operation extended by South Korea for development projects in Pakistan. He said that the economic relations between the two countries would be further strengthened with the passage of time and the Framework Arrangement will enable Pakistan to seek financial help from Korea''s Exim Bank for development of energy and other infrastructure projects in Pakistan. Korean envoy said that Korea would extend all possible co-operation for economic development of Pakistan.

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AKRSP builds small hydropower station in Chitral

About 8,000 people of Raman village in Laspur valley of upper Chitral will get electricity before the start of winter season as a small hydropower station built by Agha Khan Rural Support Programme (AKRSP) was commissioned to work on Wednesday. Temperature in the Laspur valley and other areas of upper Chitral remains below freezing point during winter. Accompanied by Agha Khan Foundation's Chief Executive Officer Akhtar Iqbal, Swiss Ambassador to Pakistan Marc George flew to the village to inaugurate the facility which was financed by Swiss Agency for Development and Co-operation (SDC), said a press release issued here on Thursday. Speaking on the occasion, the Swiss Ambassador expressed his pleasure over completion of the hydropower project with active participation of the local community and said the project would now improve the standard of life of the people. He eulogised the role of AKRSP in development of power sector and social organisation process which brought about social cohesion in the area. Speaking on the occasion, District NazimMaghfirat Shah said the district government would develop the natural resources of the area to eradicate poverty from Chitral district. He said the district government would foster communal harmony in the area which was a prerequisite for progress and development. He said the hydropower project at Raman Laspur was a symbol of the achievement of community. He pledged to lend full support to NGOs for development in the district. AKRSP General Manager Abdul Malik, Deputy Commissioner Aminul Haq and community leaders, HasilMurad and Rashida, on this occasion highlighted the importance of the power project and said womenfolk would also get benefit of it.

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