China proposes $15bn Indus dam scheme

Discussion in 'China' started by ganesh177, Jun 8, 2011.

  1. ganesh177

    ganesh177 Regular Member

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    China proposes $15bn Indus dam scheme
    By William MacNamara in London

    Published: June 7 2011 23:20 | Last updated: June 7 2011 23:20

    Indus-River-kashmir-146116-148081-184696-640x480.jpg

    China’s Three Gorges Project Corporation has proposed a $15bn hydropower scheme to Pakistan to dam the Indus river valley at several points, in a project aimed at controlling floods and tackling electricity shortages, Pakistan’s natural resources minister said on Tuesday.

    The deal, pitched by the builders of the Yangtze River dam, the world’s largest, is the latest example of Chinese interest in Pakistan, as the latter tries to develop natural gas, oil, coal and hydropower resources to boost its flagging economy.

    Asim Hussain, Pakistan’s minister for petroleum and natural resources, told the Financial Times that Three Gorges had met with the government and proposed a $15bn hydroelectric master plan for the Indus, and to fund a $50m survey to lay the groundwork.

    Devastating floods last year highlighted the benefits of dams on the Indus. The country’s electricity shortage and need for irrigation are also behind Pakistan’s focus on hydroelectric power, which the opposition party also supports.

    Last year Pakistan and China agreed to an investment deal to build the Bunji dam. The $15bn proposal would cover Bunji and other sites on the upper and lower Indus including Kohala and Dashu, a government representative confirmed.

    Mr Hussain was meeting in London with potential investors in Pakistan’s oil and gas sector, ahead of new round of oil block auctions. Recent growth in estimates of its natural gas reserves – composed mostly of unconventional shale and tight gas – has led Pakistan to seek investment from partners such as BP and Shell. “We did not know where our coffers were, but now we do,” he said, referring to oil and gas.

    Chinese companies have taken a lead on natural resources investment. In December 2010 BP sold its Pakistan oil and gas assets to United Energy Group, a Hong Kong-based investor, for $775m. Metallurgical Corporation of China is mining copper, zinc and lead in remote Baluchistan province. But a copper-mining joint venture between Canada’s Barrick Gold and Chile’s Antofagasta has struggled to gain official approval in Baluchistan.

    A Pakistan government representative said “both sides are working on the details and priorities” of the $15bn hydropower deal for Pakistan. Three Gorges was not available for comment.

    Additional reporting by Farhan Bokhari

    http://www.ft.com/cms/s/0/15385b38-9133-11...l#axzz1OfZ0I7vI
     
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  3. ganesh177

    ganesh177 Regular Member

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    Can we not make any use of it while it flows from ladakh ?
     
  4. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

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    Last edited by a moderator: May 10, 2015
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  5. Godless-Kafir

    Godless-Kafir DFI Buddha Senior Member

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    I think we should dam the Indus at the head waters itself so the water does not reach Pakistan in the first place. They can then park the JF-17 joint failure in the empty dam to put it to good use.
     
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  6. roma

    roma NRI in Europe Senior Member

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    this is another provocation authored by the dragon testing the testies of the goi - gotta play careful and smart - no room for goofs . i agree that with godless to dam it at ladakh or other points to assert ...
     
  7. The Messiah

    The Messiah Bow Before Me! Elite Member

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    That is oracle and my kind of approach.
     
  8. sukhish

    sukhish Senior Member Senior Member

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    can't agree more on this one. first of all I don't even thing it will come that. TTP will make that there is no development is pakistan for another 10 years. Indus is the life line for pakistan and India controls all the levers as far as indus is concerned.
     
  9. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

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    Does GoI have the balls to stand up to China?
     
  10. Tianshan

    Tianshan Regular Member

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    Dams take long to build, they should have start this many years before.
     
  11. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    This can be a good reason to take back the Indus waters and starting damming at key points in India,since all the water originates from India.

    [​IMG]
     
  12. asianobserve

    asianobserve Elite Member Elite Member

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    This will be a declaration of war.
     
  13. Dark_Prince

    Dark_Prince Regular Member

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    Then be it...................It's time failed state pakistan and its demented terrorist awam is sent to stone-age from the barbaric medieval-ages they live in...trust me theses illiterate pathetic islamic
    (wannabe arab) pakistanis will be thankful!
     
  14. nitesh

    nitesh Mob Control Manager Stars and Ambassadors

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    In short, another disaster in making, Chinese have messed up with building the three Georges dam, now they will repeat it
     
  15. nrj

    nrj Stars and Ambassadors Stars and Ambassadors

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    Are they looking to interpret India's possible strategic reaction to such development?
     
  16. satish007

    satish007 Senior Member Senior Member

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    Guys, Human need water, why you stop their water, that action same as nuke them. be kind, boys.
     
  17. nitesh

    nitesh Mob Control Manager Stars and Ambassadors

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    What kind of nonsense is this, where and when we stopped the water
     
  18. satish007

    satish007 Senior Member Senior Member

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    naa thappu, one guy just want to change a little bit the river direction to let them have room to part more planes. get it. understood, no that bad
     
  19. ganesh177

    ganesh177 Regular Member

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    And if stopping water is not wise, then arming a terror hungry state with nuclear infrastructure is unwise as well. So spare your lecture for your govt.
     
  20. sob

    sob Moderator Moderator

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    Pakistan should heed the problems that the Three Gorges Dam is wrecking in China. To me it does not inspire confidence that the same company which has build the disaster is being invited to Dam the Indus.

    China confronts problems at Three Gorges Dam

    China admits problems with Three Gorges Dam
     
  21. satish007

    satish007 Senior Member Senior Member

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    "And if stopping water is not wise, then arming a terror hungry state with nuclear infrastructure is unwise as well. So spare your lecture for your govt. "
    bilkul, I will talk to them.
     

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