US releases $280m for Mangla, Tangi dam uplift
Talking to PPI on Friday, US Embassy Spokesperson Mark Stroh said that the $280 million fund has no link with the Memorandum of Understanding (MoU) recently inked between Pakistan and the US for resumption of Nato supply to US-led International Security Assistance Force (ISAF) stationed in Afghanistan.
He said that it was pre-planned and negotiations have already been afoot since long for the release of the much-needed fund, adding that the US has much concern about the people of Pakistan who are experiencing up to 20-hours power outages daily.
Stroh went on saying that the US was happy over the release of the fund, as it would help in mitigating the woes of the people of Pakistan.
"Relieving Pakistan's energy crisis is top priority for our civilian assistance program," he said and added that the US approach consists of high-impact projects aimed at increasing Pakistan's energy resources and helping power sector institutions more effectively to meet the country's energy needs.
Ongoing projects supported by the United States include uplift of the Gomal Zam Dam, which will generate 17.4 megawatts of hydroelectric power; the Satpara Dam, which will provide 17.7 megawatts of power to a local grid; the Muzzafargarh Power Station, which will increase the generation capacity of the power station by 475 megawatts; the Jamshoro Power Station project, which will enable the station to restore at least 150 megawatts of power generation capacity; and the Tarbela Dam modernisation project, which will add 128 megawatts in power generation capacity.
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The US' officials have succeeded in their mission that Pakistan should never be able to stand on its feet to get real sovereignty and should always be dependent on US' aid as the beggars and slaves and should never see towards the China,Iran and other Islamic countries for economic developments and developing the infrastructures of its projects and always requests USA for the solution of any its problems and difficulties in the future and US' main purpose is to withdraw from its position from Iran-Pakistan gas pipeline project in which US is seeming successful by giving aid and other financial supports.......
This news will support the lucky cements DG Khan cement & fauji cement prices in stock exchange because these three cement factory located near Mangla Dam & Kurram Tangi Dam
Regards
Equity Analyst
Syed Atta Ur Rehman
Who is going to ensure that this money will be spent for the purpose it was given and not end up in some Swiss bank account?
Can some one answer this question?
Even though the US gave tens of billions of dollars in just Mush's era, they never paid particular attention to the plight of poor citizens of Pakistan. It is strange dilemmas that despite that much money since our independence but ordinary civilians do not see or benefit from it. It is about time that not only the US only provides money for uplift of poor citizens but do it in an open and honest way with full oversight. This way the civilians would know the truth and the rightwing hate mongers would find it hard to deceive our population against the hand that feeds us. All the US aid should be for civilian purposes with full oversight and mostly in the form of goods. No more cash $$.
Again real issue lies in effective and timely usage of these funds
Level of hypocrasy. People burn US flags and then use "american generated electricty".
shameful existance.. on one hand we beg money from US taxpayers to help on our crisis, on the other hand leave no stone unturned to bash them, and create nonsense in their countries. Height of duplicity and double face attitude, which is typical of our society.
If these are intention and purpose than thanks you America.
Pakistan cannot survive without US handouts.
Thank you USA
Comprehensive strategy is required to cope the shortfall. At least two major Dams are required; else everything will be destroyed as energy is the backbone of development
Sadly our Govt. PPP,MQM,ANP,PMLQ did nothing for energy crisis.I am so dejected by these soo called AWAMI leaders. Thank you America. Thou I live in Canada,but I can feel the misery of Pakistani people.
Very good...we need such kind of assistance from our friends....