Printer Friendly

ADB BoD visits WAPDA House; discusses water, power projects.

Lahore -- A seven-member delegation of the Asian Development Bank (ADB) Board of Directors, headed by the Executive Director Maurin Sitorus, called on the Pakistan Water & Power Development Authority (WAPDA) Chairman Raghib Shah here at WAPDA House Sunday to discuss matters relating to the projects being implemented by WAPDA in water and hydropower sectors.

ADB Country Director Werner E. Liepach and WAPDA Member (Power) Muhammad Qasim Khan were also present on the occasion.

Giving a run down of the on-going and future schemes, the Chairman said that WAPDA, in view of increasing needs of electricity and water in the country, is working on over 20 large and medium-sized projects with cumulative power generation capacity of more than 20,000 MW and water storage capacity of about 12 million acre feet (MAF). WAPDA plans to add 6,000 MW low-cost hydel electricity within next five years, and another 14,000 MW by the year 2020, he added.

Shah said that in addition to utilising local financial resources, the investment and the assistance by various international financial institutions is also of immense importance in implementation of these projects.

The ADB delegation said that the bank had been supportive of the projects in water and power sectors in Pakistan, adding that they would continue their cooperation to the Government of Pakistan and WAPDA for the future projects as well.
COPYRIGHT 2012 Asianet-Pakistan
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:The Frontier Star (Northwest Frontier Province, Pakistan)
Geographic Code:9PAKI
Date:Oct 22, 2012
Previous Article:Military operation sans consensus can blow back: Zardari (Added).
Next Article:SC verdict exposes faces involve in conspiracy, media trial against PPP: PM.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters