Re: Earnings optimism drives KSE’s assault on record highs
aahhh… this post belongs here: http://www.paklinks.com/gs/pakistan-affairs/617335-where-is-zardari.html 
Re: Earnings optimism drives KSE’s assault on record highs
It is not only Zardari, all elite rich businessmen, army officers, corrupt bureaucrats are involved. How sons and daughters of bureaucrats and army officers study in America and other developed countries, fees paid by their parents? I know one NAB officer’s whole family is here, bought house with cash payment and his all children are studying here. The problem with you guys are that when you do the same stealing as if Zardari did you forget your own conduct and trumpet the Zardari’s illegal dealings to camouflage billions of $s misappropriated by average Pakistani like you and what to talk about NS, AH and Imran Khan himself who is on vacation/medical treatment in London.. It is a shame which directly affecting the whole nation. Draining of reserved foreign funds is the major cause of Rs down fall. It is simple Economics 101 supply and demand theory. Accept the truth.
Bhasha Dam: US approves grant for Feasibility
***Another positive step …
enough time wasting on Kala Bagh …
time to move towards Bhasha …
**Diamer Bhasha Dam: US approves Grant for due Diligence, Feasibility Study
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By Shahbaz Rana / Creative: Samra Aamir
Published: July 25, 2013
http://i1.tribune.com.pk/wp-content/uploads/2013/07/581470-IshaqDarPID-1374695480-179-640x480.JPG
The American envoy said funds will be provided through the USAID and will be used to finance the due diligence of feasibility studies.* American involvement in project matters more than the funds it will provide, say experts . PHOTO: PID
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ISLAMABAD: ***The United States has approved a grant for verifying feasibility and geological studies of $14-billion Diamer Bhasha Dam, marking the first concrete support from Washington for the much-delayed project.
While speaking to Finance Minister Ishaq Dar, US Ambassador to Pakistan Richard Olson apprised the finance minister of the sanction of funds by the US Congress with regards to due diligence of the dam. Olson also discussed wide range of issues with Dar including the ongoing US civilian assistance and upcoming visit of Secretary of State John Kerry.
The American envoy said funds will be provided through the United States Agency for International Development (USAID) and will be used to finance the due diligence of feasibility studies. He said the US will support construction of the project so that donors and international financial institutions can gain confidence.
The US will provide $20 million for due diligence, which will be done by international consultants, said Shakil Durani, the government’s adviser on Diamer Bhasha Dam, while talking to The Express Tribune.
The experts are terming the development very significant, as the US support for the dam will matter more than the amount it puts in the project. They say after the US assistance, other international lending agencies will also come forward.
“Pakistan welcomes the interest shown by the US for supporting Pakistan’s flagship storage project,” said Finance Minister Ishaq Dar.
Durani said Pakistan has already done detailed engineering design, feasibility studies, technical, geological and physical studies for the construction of the dam. The international consultants will now verify and analyse all the work done by the Pakistani authorities, which was a pre-condition for arranging finances for the dam, he added.
Durani said international consultants will take four to six months for due diligence after which Pakistan will approach international lenders seeking funds for constructing the project.
International lenders like the Asian Development Bank and the World Bank have so far remained reluctant to finance the project. The ADB’s Country Director for Pakistan Werner Liepach, last week, hinted at working with Pakistan to find a workable financing model.
Pakistan is seeking a loan of $500 million per annum from the ADB over a ten-year period for construction – principal amount of $5 billion. However, the ADB has in the past refused to provide such a big amount while arguing it may affect financing for other projects.
The World Bank too remained reluctant to come forward, but according to the Water and Power Development Authority (Wapda) officials, with the change in management at the bank’s South Asia wing, hopes for acquiring funding have been revived. Philippe Le Houerou has joined as the new vice president of the World Bank for South Asia, and is believed to be in favour of pro-green energy projects.
In the coming years, Pakistan is also seeking $200 million per annum assistance from the US for the construction of the dam, while up to $2 billion is expected as suppliers’ credits, said the officials.
Both, the US ambassador and the finance minister also discussed the outstanding issue of bilateral investment treaty (BIT) between the two countries, according to the finance ministry. However, the minister sought time to seek input from all the stakeholders, it added.
The military establishment is said to have reservations over inclusion of security related clauses in the treaty that may have implications for the country’s nuclear and defence programmes, according to the Board of Investment officials.
Both the sides also discussed the agenda of the meeting between Secretary of State John Kerry and the finance minister. Kerry is scheduled to visit Islamabad soon.
The International Monetary Fund loan programme to Pakistan was also discussed during the meeting, where US envoy Olson said, “US supports the programme.”
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Published in The Express Tribune, July 25[SUP]th[/SUP], 2013.
*Diamer Bhasha Dam: US approves grant for due diligence, feasibility study – The Express Tribune
Re: Bhasha Dam: US approves grant for Feasibility
It's a good development. Pakistan needs as many dams as possible.
Re: Bhasha Dam: US approves grant for Feasibility
Haram khoron ko haram khori se fursat milti tau kuch na kuch start ho chuka hota… now it would cost much more 
Solar Manufacturing : MOU signed by GoP
***Technology Transfer …
great step by Government of Punjab … assembling & manufacturing in Pakistan](Power Crisis: Punjab govt cuts major solar energy deal)*Power Crisis: Punjab govt cuts major solar energy deal**
http://i1.tribune.com.pk/wp-content/uploads/2013/07/581657-image-1374701225-689-640x480.JPG
Punjab Chief Minister Shahbaz Sharif witnessing the MoU signing between Punjab Government and consortium of companies from Switzerland, Germany, Austria and Italy. PHOTO: APP
LAHORE: ***A Memorandum of Understanding (MoU) regarding solar development project was signed between Punjab government and an international consortium of five countries including Switzerland, Germany, Italy, Austria and Pakistan at Chief Minister Office on Wednesday.
Punjab Chief Minister Shahbaz Sharif, Energy Minister Sher Ali Khan, Secretary Energy and senior officials of concerned departments were present.
Secretary Energy Usman Bajwa and chief executive of the** Swiss Company STCS AG** and group chairman of the consortium, Rainer Kertess, signed the document on behalf of Punjab government and the international consortium respectively.
Under the agreement, the international consortium will set up a plant for assembling and manufacturing solar panels, solar cells and batteries in **Faisalabad.
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The consortium will also consider the project of setting up** 400 solar power projects** each near industrial zones in Faisalabad, Sialkot, Gujranwala and Lahore while a 150-megawatt power plant will be set up along the motorway from** Pindi Bhattian to Faisalabad.**
The consortium will also introduce** solar pumps** for agriculture sector in Punjab besides street lights in big cities of the province as well as those installed at** Ring Road **will be gradually converted to solar power.
The consortium will also consider introduction and implementation of zero energy building system for large buildings besides evolving a project of supply of off-grid energy to industrial zones.
Chief Minister Shahbaz Sharif said that measures would be taken for the early implementation of the agreement in a transparent manner. He said that Punjab government will provide all-out facilities to the international consortium.
“Nothing could be more important than solution of energy crisis,” he said, adding Punjab government is encouraging foreign investment in the energy sector.
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Published in The Express Tribune, July 25[SUP]th[/SUP], 2013.
Re: Earnings optimism drives KSE’s assault on record highs
....** trumpet the Zardari's illegal dealings to camouflage billions of $s misappropriated by average Pakistani like you......**
Average Pakistani like me does not have sarkari naukri given by Pee Pee Pee, nor is a relative of a general. Please avoid generalizing your personal experiences.
Stop justifying haram khori cuz 'others also do it'.
Re: Solar Manufacturing : MOU signed by GoP
Good move.
Re: Bhasha Dam: US approves grant for Feasibility
good indeed, i hope it moves past the feasibility phase faster.
they need to do something about Dasu dam, one of the quickest possible construction with lowest investment, a natural site for dam, mainly for power generation, not much water storage though.
Re: Solar Manufacturing : MOU signed by GoP
CM Shahbaz Sharif’s German Language surprises German investors | The News Tribe
Re: Bhasha Dam: US approves grant for Feasibility
We will see what happens in this space. We are hearing about Bhasha Dam, Kurram Tangi etc since Musharraf's time.
Re: Bhasha Dam: US approves grant for Feasibility
2004 main feasibility ban chuki hoti aur kaam start huwa hota to ab tak ye dam national power grid main contribute kar rha hota
Re: Solar Manufacturing : MOU signed by GoP
China invests in Ring road, Mono Rail & Metro projects in Punjab | The News Tribe
Re: Solar Manufacturing : MOU signed by GoP
After completing the metro bus for Multan Faisalabad Karachi ther will be no money left for power sector and new projects.
Just like they did in last term...ignoring schools,hospitals just to have white elephent running on roads of lahore.
Re: Earnings optimism drives KSE’s assault on record highs
Average Pakistani like me does not have sarkari naukri given by Pee Pee Pee, nor is a relative of a general. Please avoid generalizing your personal experiences.
Stop justifying haram khori cuz 'others also do it'.
please dont take away tinka from dubti hui PPP.
Re: Bhasha Dam: US approves grant for Feasibility
is this the same dam every PM president been inagurating from last 5-7 years?
Re: Earnings optimism drives KSE’s assault on record highs
Average Pakistani like me does not have sarkari naukri given by Pee Pee Pee, nor is a relative of a general. Please avoid generalizing your personal experiences.
Stop justifying haram khori cuz 'others also do it'.
So you think only PPP gives government jobs none other since partition eh? It is not only the government servant who are corrupt, businessmen are more corrupt by corrupting, military officials, bureaucrats and politicians to gain huge material advantage. You think Paki businessmen are honest? Get this notion out from your brain.
Anyway the topic is why value of Pakistani currency is on decline for the last so many years.
Re: Earnings optimism drives KSE’s assault on record highs
please dont take away tinka from dubti hui PPP.
PPP is still the second most party on the basis of its MNAs and MPAs. tum PTI aor IK ki khair manao.
PPP is still the second most party on the basis of its MNAs and MPAs. tum PTI aor IK ki khair manao.
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Correction:second most haramkhor party with certified dakaits.
Jaab tak kisi aur Bhutto KO nahn qabar may utarty pichly gunah nahn dhulny..usual PPP escape route.
IK is walking again so sattay e khairaan
Re: Earnings optimism drives KSE’s assault on record highs
It is not only Zardari, all elite rich businessmen, army officers, corrupt bureaucrats are involved. How sons and daughters of bureaucrats and army officers study in America and other developed countries, fees paid by their parents? I know one NAB officer's whole family is here, bought house with cash payment and his all children are studying here. The problem with you guys are that when you do the same stealing as if Zardari did you forget your own conduct and trumpet the Zardari's illegal dealings to camouflage billions of $s misappropriated by average Pakistani like you and what to talk about NS, AH and Imran Khan himself who is on vacation/medical treatment in London.. **It is a shame which directly affecting the whole nation. Draining of reserved foreign funds is the major cause of Rs down fall. It is simple Economics 101 supply and demand theory. Accept the truth***.*
You are so right, PPP spent day and night sending economy on great path, towards 10% GDP growth, but people like IK take USD$50-70,000 in one summer and economy goes down the drain.