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PM Shehbaz inaugurates Karachi nuclear power plant 

08:38 AM | 3 Feb, 2023
PM Shehbaz inaugurates Karachi nuclear power plant 
Source: Twitter

KARACHI – Prime Minister Shehbaz Sharif inaugurated K-3, the third unit of Karachi Nuclear Power Plant on Thursday which will produce 1,100 megawatts of electricity.

The project has been completed with the assistance of China.

Addressing the ceremony, the prime minister stressed the need of fully tapping coal, wind and solar energy potential of the country to meet energy demand and reducing dependency on imported fuel for energy purpose, reported Radio Pakistan.

“K-3 is a step forward in cooperation with Pakistan’s trusted friend China,” said the PM. He also congratulated the scientists and workers of Pakistan and China which led to the completion of the project.

The prime minister said in view of 27 billion dollars energy import bill, Pakistan requires alternative and cheaper sources of energy including solar, wind, hydel and nuclear.

He said Pakistan is gifted with enormous resources with the potential of producing 60,000 megawatts through hydel power.

Shehbaz Sharif said the electricity projects under the China-Pakistan Economic Corridor are greatly contributing to the country’s energy demands through the production of thousands of megawatts.

Director General International Atomic Energy Agency Rafael Mariano Grossi, in a video message, emphasized the importance of using safe use of nuclear energy as Pakistan faced challenges of climate change.

Daily Pakistan Global Web Desk

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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