Actually its another contract which has been awarded to Indian companies. The project would benefit India as the power produced would be exported to India. So in INR the project would be comparatively less then any other equivalent project.^ The contract has been given to Indian companies, GMR Group and SJV Nigam. I wonder how much is the contract worth?
Upset Pak Drops Bid To Include PoK Dam In China-Pak Economic Corridor
A flagship project under the Belt and Road Initiative, the CPEC is a trade network of highways, railways, pipelines and optical cables currently under construction throughout Pakistan.
World | NDTV News Desk | Updated: November 16, 2017 20:50 IST
The Chinese conditions, he said, were about taking ownership of the project, operation and maintenance cost and securitisation of the project by pledging another operational dam.
These conditions were unacceptable, so Pakistan Prime Minister Shahid Khaqan Abbasi approved financing the dam from the country's own resources, said Mr Hussain.
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That dam costs a whopping Rs 140,000 crores PKR!!! The Porkis will have to sell their souls to the highest bidder to get that kinda dosh! So, in other words it's a duff project.OWN resources...pakis and OWN resoources...
building dams with BULL SHIT..
That wont hold water porkies!!!
Good that pakis are scuttling own boat.... They always do that..they are good at killing themselves..That dam costs a whopping Rs 140,000 crores PKR!!! The Porkis will have to sell their souls to the highest bidder to get that kinda dosh! So, in other words it's a duff project.
AAK THOOO...China Snubs Pak After Top Army General Accuses India Of Plans To 'Sabotage'
https://www.ndtv.com/india-news/chi...al-accuses-india-of-plans-to-sabotage-1777818
China isn't dumb country like Pakistan they'll do anything to get access to Indian market. In between all of this Pakistan will get sandwiched, China smashing from the front and india from the back.China Snubs Pak After Top Army General Accuses India Of Plans To 'Sabotage'
https://www.ndtv.com/india-news/chi...al-accuses-india-of-plans-to-sabotage-1777818
No wonder Pakistani are fools. They don't even understand that they are making things very easy for chinese to loot their ass.Railway projects fail to win green light
ISLAMABAD: Pakistan and China on Wednesday agreed on 15-year policy document that will translate the China-Pakistan Economic Corridor into a reality but both the countries could not end differences over two critical infrastructure projects amounting to $10 billion.
Unlike the past, this time Pakistan had to struggle hard to push its agenda amid domestic political uncertainty and China’s reluctance to commit for new projects. Progress on most of the items could not be achieved.
The framework agreement of $2 billion Karachi Circular Railways project and the financing agreement of $8.2 billion Main-Line-I of Pakistan Railways could not be signed during the 7th meeting of the Joint Cooperation Committee (JCC).
The design of $260 million New Gwadar International Airport could also not be finalised.
There was also a dispute over the site of setting up a Special Economic Zone in Khyber-Pakhtunkhwa, as Beijing was reluctant to accept the provincial government recommended Rashakai site in Mardan.
The only major outcome of the JCC was the agreement over the Long Term Plan (2014-2030) that is expected to translate the national economic plans of both the countries into one policy document covering all common grounds for the socioeconomic cooperation.
“The final agreement on the 2030 long-term plan has been achieved,” said the minister for planning and development after the JCC meeting.
Pakistan did not accept China’s demand to introduce Yuan in the country.
But Iqbal said Pakistan would explore the possibility of using the Chinese currency for making payments for capital imports for CPEC.
The LTP is the most critical element of the China-Pakistan economic relationship, as it lays the foundation of cooperation in all economic and financial areas for decades to come.
However, K-P Chief Minister Pervaiz Khattak expressed serious reservations over the LTP and the selection of the SEZ site in his province.
“K-P has been ignored in the plan and many important nodes like Hazara, Malakand, Peshawar and Dera Ismail Khan have not been included in the LTP,” said Khattak while talking to the media.
if only naming would do any good, quite pathetic to expect just naming would change the nature of the project. it would be prudent if China goes on record about not using POK for CPEC , maybe then their intentions can be discussed and expect it to suit our needs, if not be wary of the proxy war which the Doval Doctrine is gonna implement in the POK to sabotage CPEC.https://timesofindia.indiatimes.com...road-plan-with-india/articleshow/61771677.cms
China hints it can rename CPEC if India joins OBOR initiative
I don't see a reason why India should.https://timesofindia.indiatimes.com...road-plan-with-india/articleshow/61771677.cms
China hints it can rename CPEC if India joins OBOR initiative
Are these only wish horses or Doval Modi combine really has some plan to sabotage CPEC in PoK. It may be possible in Baloch'stn but i dont think we have any pro India orgns working in PoK. Pak has settled Sunni Pakjabis even Pashtuns there to change the demographics. I seem to believe Modi is limiting its strategy to our side of Kashmir only. All developments like action on Hurriyat, Army Opn AllOut, Interlocuter appointment etc indicate the same. Any game to be played in PoK or Baloch may be a pipedream.if not be wary of the proxy war which the Doval Doctrine is gonna implement in the POK to sabotage CPEC.
I wasn't even commenting on the strategic implications of doing such a thing, my argument was primarily financial with a hint of geo politics. Doval may or may not have a say in this. We can't be sure of that.
http://dlca.logcluster.org/plugins/servlet/mobile#content/view/7307277Pakjabi CPEC logic
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China will receive 91% revenues from Gwadar port for 40 years
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