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amoy

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Pakistan’s 4th nuclear power plant of 340 MW starts operation: PAEC
Posted By: News Deskon: October 16, 2016


ISLAMABAD Oct 16 (APP): Country’s fourth nuclear power plant at Chashma Unit-3 (C-3) with 340 Megawatt (MW) power generation capacity, has been successfully connected to the national grid, Pakistan Atomic Energy Commission (PAEC) revealed to APP on Sunday.

“Congratulation to the nation that Pakistan’s 4th nuclear power plant Chashma unit-3(C-3) has been connected to the national grid,” the PAEC sources said and added hence starting supply of electricity generate by this unit to the national grid on trial basis.

They said “After performing various safety and functional tests, the plant will attain full power in first fortnight of December 2016 and a formal inauguration ceremony of the full power grid connection will be held in December.”

Chairman PAEC Muhammad Naeem, on achieving this milestone, has re-affirmed that the scientists, engineers and technicians of PAEC are working hard to contribute in achieving all the targets set to ensure energy security for the country.

He acknowledged the support of Special Plans Division and the government for help achieve these targets.

Pakistan’s first nuclear power plant KANUPP at Karachi, is in operation for the last 44 years. The other two nuclear power plants C-1 and C-2 at Chashma are generating electricity with more than 90% capacity factor.

These are the best performing power units among all power generating units of the country from all sources. These nuclear plants are supplying around 600 MW to the grid.

Two larger capacity nuclear power plants K-2 and K-3 near Karachi are under construction and will be completed in 2020 and 2021 respectively.
 

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IMF warns of looming CPEC bill

GROWING Chinese investments in Pakistan have the potential to lift the economy’s potential output, but the repayment obligations that come with this investment will be serious, warns the IMF in its latest and final review of the just concluded programme.

“During the investment phase, as the ‘early harvest’ projects proceed, Pakistan will experience a surge in FDI and other external funding inflows,” says the Fund in a short evaluation of the impact of CPEC related investments on Pakistan. However, the import requirements of these projects “will likely offset a significant share of these inflows, such that the current account deficit would widen” within manageable levels during these years.

The report estimates that CPEC related imports could reach 11 per cent of total projected imports by 2020, equal to just over $5.7 billion, while inflows under the corridor will touch 2.2pc of projected GDP in that year. Gross external financing needs of the country will jump almost 60pc by then, from a projected $11bn for the current fiscal year, to $17.5bn in 2020.

Pakistan will see $27.8bn in “early harvest” projects under CPEC in the next few years, with the remaining $16bn coming over a longer timeline stretching out to 2030.

“Pakistan will need to manage increasing CPEC-related outflows,” warns the Fund, once the Chinese investors begin repatriating profits, adding that the amounts involved “could add up to a significant level given the magnitude of the FDI”.

Outflows will also come in the form of repayment obligations on the loans taken from Chinese banks for these projects, which are expected to rise after 2021. Both of these, repayments and profit repatriation, “could reach about 0.4 per cent of GDP per year over the longer run”.

The Fund acknowledges that CPEC related growth could cover these payments over the longer term, but warns that this is not guaranteed.

“Reaping the full potential benefits of CPEC will require forceful pro-growth and export-supporting reforms” the report says, citing improved business climate, governance and security as necessary preconditions to enable CPEC investments to generate the resources required to cover their own associated outflows. In addition, “allowing greater downward exchange rate flexibility” will also be necessary.

The matter of rising CPEC related outflows was discussed between the Fund staff and the government during the discussions prior to the review. The government told the Fund that “additional Chinese investment over the longer term, building on CPEC as a platform, could also help cover the projected CPEC related outflows,” according to the report.

For the Fund, CPEC outflows are one of the medium to long term risks facing Pakistan’s economy. It calls for “sound project evaluation and prioritisation mechanisms based on effective cost-benefit analysis and realistic forecasts of macroeconomic and financing conditions” to help mitigate the risk.

It points out “a need to ensure transparency and accountability in project management and monitoring”, pointing specifically at the power purchase agreements being signed with Chinese IPPs, calling on the government to ensure that the cost of power purchase “remains favourable” for the distribution companies and consumers.

Published in Dawn October 17th, 2016

http://www.dawn.com/news/1290523/imf-warns-of-looming-cpec-bill
 

Indx TechStyle

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Correction .. Xi on Pakistani Bed with an Indian whore...hahhaaa
But we're talking about reality, what's happening, not wild guesses.

It's Pakistan who has nothing to offer or use except it's body, means it's territory just for being on a strategically important geography.
 

rizwan78

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But we're talking about reality, what's happening, not wild guesses.

It's Pakistan who has nothing to offer or use except it's body, means it's territory just for being on a strategically important geography.
According to Indians Annal~list , China will fight India until the last Pakistani , so India will be the rape victim of China , using Pakistani land for this silly but lovely purpose... ;)
 

Indx TechStyle

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According to Indians Annal~list , China will fight India until the last Pakistani , so India will be the rape victim of China , using Pakistani land for this silly but lovely purpose... ;)
Not know about India but yes, exploitation of your country is at full swing. And nobody can deny it.:biggrin2:
 

Kyubi

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According to Indians Annal~list , China will fight India until the last Pakistani , so India will be the rape victim of China , using Pakistani land for this silly but lovely purpose... ;)
its quite deplorable of you to coin the word Rape so casually ... i reserve this dissappointment for my brethren too, if you really want to engage in a discussion kindly do so, but donot use words such as RAPE so casually .. u never know you may one day become a victim!!!

Its a lesson to all here be it \pakistani or indian .. kindly refrain from using such terms as conversational piece!!
 

Project Dharma

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According to Indians Annal~list , China will fight India until the last Pakistani , so India will be the rape victim of China , using Pakistani land for this silly but lovely purpose... ;)
Saali gandi jihadi lulli.. I don't know why we don't kick this little shit off the forums.
 

Indx TechStyle

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‘CPEC could become another East India Company’
ISLAMABAD: Lawmakers from the upper house on Monday expressed the fear that the China-Pakistan Economic Corridor (CPEC) could turn into another East India Company if the country’s interests were not actively protected.
“Another East India Company is in the offing; national interests are not being protected. We are proud of the friendship between Pakistan and China, but the interests of the state should come first,” Senator Tahir Mashhadi, chairman of the Senate Standing Committee on Planning and Development, said when some committee members raised the concern that the government was not protecting the rights and interests of the people.

The East India Company was the British trading mission sent to India, which became the precursor to the British colonial presence in the subcontinent, eventually gaining power and overthrowing the Mughals who ruled India at the time.

Following a briefing by Planning Commission Secretary Yousuf Nadeem Khokhar, a number of committee members voiced their fears over what they perceived as the utilisation of local financing for CPEC projects, instead of funding from the Chinese or any other foreign investment. They also expressed concern over the fixing of power tariff for CPEC-related power projects by the Chinese.

Senators question why most corridor projects are being funded locally, not through foreign investment
Since only one of three Pakistan Muslim League-Nawaz (PML-N) members of the committee was present at the meeting, most of this criticism went unanswered. Even Senator Saeedul Hassan Mandokhail, the lone PML-N senator in attendance, endorsed the committee chairman’s complaints.

The meeting was informed that a major portion of the CPEC depended on local finances rather than Chinese investment.
“It will be very harmful for us if we have to bear the entire burden; will this [project] be a national development or a national calamity? Whatever loans taken from China will have to be paid by the poor people of Pakistan,” Mr Mashhadi observed.

Highlighting the status of CPEC-related power projects, the Planning Commission secretary said that the Matiari-Lahore transmission line project had “not been scrapped” and was being pursued by its Chinese sponsors.

Recently, the National Energy Power Regulatory Authority (Nepra) had approved tariff for the project, while the government’s Private Power Infrastructure Board had filed a review petition on the tariff in order to address the sponsors’ concerns.

At this, Senator Usman Khan Kakar pointed out that Nepra had fixed the power tariff for the project at 71 paisas/unit, while Chinese investors were demanding 95 paisas/unit.

“The government has filed an appeal before Nepra, seeking the increase despite the fact that the burden will be borne by poor consumers,” he said.

The secretary also informed the committee that the Gadani power plant complex had been shelved due to the lack of a dedicated jetty.

He also said that the 6,000MW project was not part of the CPEC.

Senator Kakar immediately reacted, saying that despite the fact that the project was not part of the CPEC, Chinese Ambassador Sun Weidong had recently claimed that the Gadani power plant had not been scrapped and was indeed a part of the corridor. “Why is this project, which does not even exist, being counted in our account?” he asked.

He said that the infrastructure being established in Gwadar would only benefit the Chinese and Punjab governments, not the local community. “The people of Balochistan will only get one benefit from this project, which is the water supply,” he said, adding that no electricity or railway projects had been planned for Balochistan under the CPEC.

Senator Mandokhail said that a sense of deprivation was being instilled in smaller provinces. “We do not want the CPEC at the cost of the federation,” he added.

Since Minister for Planning and Development Ahsan Iqbal was not present in the meeting, the senator urged the secretary to advise him to ensure the integrity of the federation.

Senator Mandokhail also accused the Planning Commission of prioritising Balochistan very low on its list, given that it has not representation in the commission itself.

Jamaat-i-Islami Emir Senator Sirajul Haq said that like certain other parts of the country, Fata and AJK were also being neglected in the CPEC. “There is nothing for both areas in the CPEC,” he said and suggested that a 35km road was built to link Muzaffarabad to the CPEC so that the people of AJK could also reap its benefits.
 

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China looking forward to cooperation with Iran through CPEC
By News Desk
Published: October 18, 2016

Chinese Ambassador to Pakistan Sun Weidong on Monday said China is looking forward to enhancing cooperation with Iran through the China-Pakistan Economic Corridor (CPEC).

“CPEC is a win-win cooperation so we are looking forward to explore the possibilities of cooperation with all regional countries,” the ambassador said in an exclusive interview with an Iranian news Agency. Adding that China and Iran share good relations, Weidong said, “We think that Iran can also be a very important country along the Belt and the Road initiative, so we really look forward to enhance our cooperation with Iran.”

Iran wishes to be part of CPEC: Rouhani

Upon being asked whether an energy line could be extended from Iran to China, under the CPEC, Weidong said such a possibility could be ‘explored’.

“There are 16 major projects that are under construction and the Chinese side has already invested more than $13 billion,” he said during the interview, adding that CPEC has numerous job opportunities for Pakistanis.

Last month, Iranian President Hassan Rouhani expressed his desire to be a part of CPEC during his meeting with Prime Minister Nawaz Sharif on the sidelines of 71th UNGA session.

China’s security concerns: Jurisdiction issues hold up CPEC force

The Iranian president lauded Islamabad’s vision for translating CPEC into reality and pointed out that connectivity projects were recognised by both countries as vital to the progress of the region. “The two leaders reiterated the complementarity between Gwadar and Chabahar sea ports that could boost regional trade exponentially in the decades ahead,” said a press release of the Pakistan Mission to the UN.

This article originally appeared on IRNA.

http://tribune.com.pk/story/1201898/china-looking-forward-cooperation-iran-cpec/
 

Neo

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‘Pakistan to launch remote sensing satellite in 2018’
By Our Correspondent
Published: October 18, 2016



SUPARCO introduces space bus to reach out to students in remote areas. PHOTO: FILE

KARACHI: The country is all set to launch its first remote sensing satellite, which is currently in development stages, in 2018, said Pakistan Space and Upper Atmosphere Research Commission (Suparco) chairperson Qaiser Anees Khurram on Monday.

He was speaking at the inauguration ceremony of World Space Week organised by Suparco at National Centre for Remote Sensing and Geo Informatics. While giving details, Khurram said that with the successful launch of Pakistan Remote Sensing Satellite (PRSS-1), Pakistan will achieve yet another milestone by achieving self-reliance in the observation of earth through satellite remote sensing.

India launches record 20 satellites in single mission

The satellite will be used for monitoring China Pakistan Economic Corridor projects, federal development minister Ahsan Iqbal had announced in Islamabad this April on the occasion of signing of an agreement between Suparco and the China Great Wall Industry Cooperation.

Speaking about the World Space Week, Khurram said they are among the 80 countries that are celebrating this week to pay tribute to how the international space industry has helped make lives better.

Referring to this year’s theme, ‘Remote Sensing: Enabling our Future,’ he said the theme elaborates the significance of earth observation from space for the betterment of the human race. The theme also focuses on the benefits of remote sensing and the use of satellite imagery which will stimulate market growth and revolutionise how these powerful tools can have a positive impact on human life in the future, Khurram added.

During the ceremony, Suparco also launched a space bus under their Mobile Space Education Bus programme. “Through the space bus, we aim to reach out to students in remote areas and create awareness among them,” said a spokesperson of Suparco.

The bus can accommodate more than 80 students, who will be shown educational videos, the spokesperson said, adding that the bus will travel to interior Sindh and suburbs of Karachi.

Pakistan’s first-ever hybrid rocket readying for launch

Other than this, Suparco, in collaboration with Pakistan International Airlines Planetarium, Karachi, will organise sky simulation shows and lectures for school students from October 18 to October 21 as part of the space week.

The celebrations will conclude with a two-day space family fair which will be held at PAF Museum on October 22 and October 23. The fair will include many space-related activities such as space movie theatre, sky observation, micro-gravity experiments, robotic manipulator, university project competition, model-making competition and display of satellite models. The activities of World Space Week will be held simultaneously in 14 cities across the country.

Published in The Express Tribune, October 18th, 2016.

http://tribune.com.pk/story/1201181/world-space-week-pakistan-launch-remote-sensing-satellite-2018/
 

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First Chinese ship docks at Gwadar Deep-sea port, a new milestone in Sino-Pak friendship.

 

Neo

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First Chinese ship docks at Gwadar port
October 16, 2016

By: Samaa Web Desk
Published in Economy


GWADAR: First Chinese ship finally arrived at Gwadar port that is center of $46 billion China-Pakistan economic corridor (CPEC) project between Beijing and Islamabad, Samaa reported Sunday.

The project is the beginning of a journey of prosperity of Pakistan. The economic corridor is about 3000 Kilometres long consisting of highways, railways and pipelines that will connect China’s Xinjiang province to rest of the world through Pakistan’s Gwadar port.



To strengthen economic activities at the port, Prime Minister Nawaz Sharif has recently unveiled five developmental projects for Gwadar.

These are Free Trade Zone, Business Complex of Gwadar Port Authority, Pak-China Government Primary School Faqir Colony, Sawar and Shadikor dams and Gwadar University.

Gwadar, the nerve centre of CPEC, is fast transforming into an international city. Gwadar has the potential to become a world class sea port and a place which is not only important for Pakistan, but also for the region and the world. – Samaa

http://www.samaa.tv/economy/2016/10/first-chinese-ship-docks-at-gwadar-port/
 

airtel

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First Chinese ship docks at Gwadar Deep-sea port, a new milestone in Sino-Pak friendship.

First Chinese ship docks at Gwadar port
October 16, 2016

By: Samaa Web Desk
Published in Economy


GWADAR: First Chinese ship finally arrived at Gwadar port that is center of $46 billion China-Pakistan economic corridor (CPEC) project between Beijing and Islamabad, Samaa reported Sunday.

The project is the beginning of a journey of prosperity of Pakistan. The economic corridor is about 3000 Kilometres long consisting of highways, railways and pipelines that will connect China’s Xinjiang province to rest of the world through Pakistan’s Gwadar port.



To strengthen economic activities at the port, Prime Minister Nawaz Sharif has recently unveiled five developmental projects for Gwadar.

These are Free Trade Zone, Business Complex of Gwadar Port Authority, Pak-China Government Primary School Faqir Colony, Sawar and Shadikor dams and Gwadar University.

Gwadar, the nerve centre of CPEC, is fast transforming into an international city. Gwadar has the potential to become a world class sea port and a place which is not only important for Pakistan, but also for the region and the world. – Samaa

http://www.samaa.tv/economy/2016/10/first-chinese-ship-docks-at-gwadar-port/
very Good china :devil::devil::devil::devil:.....................flood Pakistan with cheap Chinese products:hehe::hehe::hehe: ..............and destroy all of their Remaining Industry .............

:pound::pound::rofl::rofl::rofl::bounce::bounce::bounce::daru::daru::daru::daru::daru:
 

rizwan78

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very Good china :devil::devil::devil::devil:.....................flood Pakistan with cheap Chinese products:hehe::hehe::hehe: ..............and destroy all of their Remaining Industry .............

:pound::pound::rofl::rofl::rofl::bounce::bounce::bounce::daru::daru::daru::daru::daru:
What about made in China bhagwans ? :bounce::bounce:
 
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Indx TechStyle

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‘Pakistan to launch remote sensing satellite in 2018’
By Our Correspondent
Published: October 18, 2016



SUPARCO introduces space bus to reach out to students in remote areas. PHOTO: FILE

KARACHI: The country is all set to launch its first remote sensing satellite, which is currently in development stages, in 2018, said Pakistan Space and Upper Atmosphere Research Commission (Suparco) chairperson Qaiser Anees Khurram on Monday.

He was speaking at the inauguration ceremony of World Space Week organised by Suparco at National Centre for Remote Sensing and Geo Informatics. While giving details, Khurram said that with the successful launch of Pakistan Remote Sensing Satellite (PRSS-1), Pakistan will achieve yet another milestone by achieving self-reliance in the observation of earth through satellite remote sensing.

India launches record 20 satellites in single mission

The satellite will be used for monitoring China Pakistan Economic Corridor projects, federal development minister Ahsan Iqbal had announced in Islamabad this April on the occasion of signing of an agreement between Suparco and the China Great Wall Industry Cooperation.

Speaking about the World Space Week, Khurram said they are among the 80 countries that are celebrating this week to pay tribute to how the international space industry has helped make lives better.

Referring to this year’s theme, ‘Remote Sensing: Enabling our Future,’ he said the theme elaborates the significance of earth observation from space for the betterment of the human race. The theme also focuses on the benefits of remote sensing and the use of satellite imagery which will stimulate market growth and revolutionise how these powerful tools can have a positive impact on human life in the future, Khurram added.

During the ceremony, Suparco also launched a space bus under their Mobile Space Education Bus programme. “Through the space bus, we aim to reach out to students in remote areas and create awareness among them,” said a spokesperson of Suparco.

The bus can accommodate more than 80 students, who will be shown educational videos, the spokesperson said, adding that the bus will travel to interior Sindh and suburbs of Karachi.

Pakistan’s first-ever hybrid rocket readying for launch

Other than this, Suparco, in collaboration with Pakistan International Airlines Planetarium, Karachi, will organise sky simulation shows and lectures for school students from October 18 to October 21 as part of the space week.

The celebrations will conclude with a two-day space family fair which will be held at PAF Museum on October 22 and October 23. The fair will include many space-related activities such as space movie theatre, sky observation, micro-gravity experiments, robotic manipulator, university project competition, model-making competition and display of satellite models. The activities of World Space Week will be held simultaneously in 14 cities across the country.

Published in The Express Tribune, October 18th, 2016.

http://tribune.com.pk/story/1201181/world-space-week-pakistan-launch-remote-sensing-satellite-2018/
Official from Radio Pakistan:
http://www.radio.gov.pk/24-Sep-2016/remote-sensing-satellite-to-be-launched-in-march-2018-suparco

I have posted a thread for Pakistani Space Program related discussions.
http://defenceforumindia.com/forum/threads/suparco-news-and-updates.75268/page-4
Sorry, for trolling between, I could not find any news at that time.:p
 

Project Dharma

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Official from Radio Pakistan:
http://www.radio.gov.pk/24-Sep-2016/remote-sensing-satellite-to-be-launched-in-march-2018-suparco

I have posted a thread for Pakistani Space Program related discussions.
http://defenceforumindia.com/forum/threads/suparco-news-and-updates.75268/page-4
Sorry, for trolling between, I could not find any news at that time.:p
Space scaainceee :hippo: In other news it will be launcehd from Raheel Sharif's big butt after he eats mooli parantha
 

rizwan78

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Space scaainceee :hippo: In other news it will be launcehd from Raheel Sharif's big butt after he eats mooli parantha
For multiple satellites in a single mission we would like to hire services of Padhaaam Mantri Modi G 56 inch butt as a launch paaaaad.. ;)
 
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