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ISLAMABAD, April 15 (Gwadar Pro) - Chinese firms are ranked first in the hydropower sector in Pakistan due to their global competitiveness in quality and cost, and their valour to work in difficult terrains and tough situations, officials associated with the sector told Gwadar Pro.
Currently, all important hydropower projects in Pakistan are being executed by Chinese firms. Some of these projects are financed by China, but they have also won several big projects in open competition.
Chinese companies are dominating hydropower projects in Pakistan due to their vast experience in the sector, said Engineer Asif, Deputy Director of Pakhtunkhwa Energy Development Organisation (PEDO). The Chinese firms first built engineering marvels in hydropower sector at home and later forayed into the world including Pakistan with their expertise, he said.
PESHAWAR: Though the Pakistan Tehreek-e-Insaf is in power in both the centre and Khyber Pakhtunkhwa, the provincial government isn’t happy with the federal government due to the non-fulfilment.
PTI govt in KP not happy with Centre
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January 19, 2021
PESHAWAR: Though the Pakistan Tehreek-e-Insaf is in power in both the centre and Khyber Pakhtunkhwa, the provincial government isn’t happy with the federal government due to the non-fulfilment of its commitment to pay Rs100 billion annually for reconstruction and development projects in the erstwhile Fata and the delay in payment of its share in the net hydel profit.
When approached for his comments, Chief Minister Mahmood Khan said that Khyber Pakhtunkhwa is facing shortage of funds and it may even seek a bank loan to meet its needs. “We need regular flow of funds as the province is dependent on the federal government for 92 percent of its receipts,” he added.
NFC Award and K-P woes
The realisation of the goals set in the budget depends upon the timely release of those revenues
The writer is a practising lawyer. He holds PHD in Political Science and heads a think-tank ‘Good Governance Forum’. He can be reached at [email protected]
Societies and states provide mechanisms for resolution of conflicts. Modern states perform such functions through institutions, as defined in the Constitution. Similarly, under Article 160 of the Constitution of Pakistan, the National Finance Commission (NFC) also devises a mechanism for distribution of revenues. The realisation of the goals set in the budget depends upon the timely release of those revenues.