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India starts another hydropower project on River Chenab to disrupt Pakistan’s water supplies

06:29 PM | 8 May, 2022
India starts another hydropower project on River Chenab to disrupt Pakistan’s water supplies
Source: social media

ISLAMABAD/NEW DELHI – Indian government has approved a proposal to invest INR 45 billion to construct the Kwar hydroelectric project on the Chenab river in occupied Kashmir, disrupting Pakistan’s water supplies.

Modi-led administration has launched yet another hydropower project in the occupied valley as New Delhi’s stubbornness over Pakistan-India water disputes persists.

India approved the project despite being aware that it violates the World Bank-mediated treaty on the sharing of the Indus river.

New Delhi claimed that the 540 megawatts Kwar power will lead to job creation, and downstream economic activity in the disputed region, however experts called it illegal while improper procedures were followed in a fast-tracking project that is located in a highly seismic area.

Meanwhile, Pakistan raised objections over India’s plans to build projects in Indian Illegally Occupied Jammu and Kashmir. Indus Water Commission maintained that the approval for the cabinet committee was a violation of the Indus Water Treaty which required the neighbouring country to inform us around six months in advance.

The talks between nuclear-armed nations may face difficulty as they meet in this month.

Earlier this year, the Asian arch rivals reaffirmed to implementation of the Indus Waters Treaty (IWT) following the 117th meeting of the India-Pakistan Permanent Indus Commission.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 24 April 2024 Forex Rates

Pakistani currency remains unchanged against US Dollar and other currencies on April 22, 2024 Monday in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293.2 for buying and 296.2 for selling while British Pound hovers at 339.5 for buying, and 343 for selling.

UAE Dirham AED was at 75 and Saudi Riyal's new rate was at 73.25. 

Today’s currency exchange rates in Pakistan - 24 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.4
Euro EUR 293.2 296.2
UK Pound Sterling GBP 339.5 343
U.A.E Dirham AED 75 75.8
Saudi Riyal SAR 73.25 73.95
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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