News
Tuesday, July 20, 2010
US to assist Pakistan in 18 energy projects
ISLAMABAD: The US on Monday announced financial assistance for 18 projects in Pakistan’s energy sector across the country. US Secretary of State Hillary Clinton, while addressing a joint press conference with Foreign Minister Shah Mehmood Qureshi at the Foreign Office after the completion of the second round of strategic dialogue, announced launching of the projects.
Finances for these projects would be provided through funds under the Kerry-Lugar-Berman Act that will ensure financial assistance of $7.5 billion in the next five years. The 18 projects include Satpara Dam Hydroelectric Project in Gilgit-Baltistan, Tarbela Dam Hydroelectric Power Station Improvements, Peshawar Electricity Distribution Company Performance Improvement, Beaconhouse Schools’ Solar Photovoltaic Power Supply Feasibility Study in Lahore, Biomass-Fuelled Boiler Feasibility Study for Bulleh Shah Paper Mill in Kasur and Multan Northern Generating Company Re-powering Feasibility Study. staff report
Courtesy www.dailytimes.com.pk