GILGIT – Chinese company CGGC Dasu HPP Saturday withdrew the notification regarding the removal of Pakistani employees working on the Dasu Hydropower Project.
Reports quoting Chinese officials cited that the firm also issued a new notification due to the efforts of the Water and Power Development Authority (WAPDA) chairman and ensured to start working on the Dasu project soon.
New notification of the China Gezhouba Group Corporation stated that the higher authorities had rejected its decision to discontinue work on the project and ended the employment contract with the Pakistani staffers.
Earlier, the Chinese company halted its operations on the Dasu project and fired all Pakistani staff issuing a notification on July 16, 2021. The Chinese company had stopped work after the deadly bomb blast a few days ago in which several Chinese engineers had been killed.
The company also terminated the contract of all Pakistanis working on the project. The terminated Pakistani workers will be given gratuity, the current month’s salary, and 14-day pay, the notification of the company cited.
On Saturday, a Chinese investigation team visited the site where nine Chinese workers were killed in a terror attack earlier this week. Nine Chinese citizens along with four Pakistani citizens were killed while more than two dozen others sustained injuries when their passenger coach plunged into a deep ravine after an explosion.
Initially, the Foreign Office termed the incident as an accident due to gas leakage, but later it confirmed the traces of explosives at the site of the incident.
Pakistan, China agree on a joint investigation
Today, an investigating team of Chinese security officials will visit Dasu today as part of a joint probe into the incident to ascertain the facts.
It comes after Pakistan and China agreed to complete the investigation into the Dasu bus accident that left 13 people, including nine Chinese nationals, dead.
The agreement came during a telephonic discussion between China's Minister of Public Security Zhao Kezhi and Interior Minister Sheikh Rasheed which continued for over half an hour. They discussed the tragic incident in the Upper Kohistan region.
This is the second high-level contact in two days after Prime Minister Imran Khan’s call to Chinese Premier Li Keqiang, who had assured him that all-out efforts will be made to investigate the incident.
Expressing sorrow over the loss of precious Pakistani lives, Zhao said he has called Rasheed on the direction of Chinese President Xi Jinping.
Pakistani rupee's value remained stable against US dollar, Euro, Pound, Dirham, Riyal and other currencies in the open market.
On Monday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.
Euro rate stands at 309.9 for buying and 310.5 for selling. British Pound GBP rate stands at 359.4 for buying, and 360.05 for selling.
UAE Dirham AED currently hovers around 77.45 while rate of Saudi Riyal stands at 75.82.
|UK Pound Sterling||GBP||359.4||360.05|
|Hong Kong Dollar||HKD||36.38||36.48|
|New Zealand Dollar||NZD||173.44||175.44|
The gold remained under pressure as the precious metal moved down despite an upward trend in the international market.
On the first day of the week, the price of a single tola of 24-karat gold stands at Rs217,000 and 10 grams of 24k gold costs Rs186,043
A single tola of 22-karat gold costs Rs170,539, while 21 karat rate for each tola is Rs. 192,325 and the price of 18k gold is Rs164,850.
In the global market, gold prices hover at around $2086, gaining $14.44 on Monday.
|Lahore||PKR 217,000||PKR 2,720|
|Karachi||PKR 217,000||PKR 2,720|
|Islamabad||PKR 217,000||PKR 2,720|
|Peshawar||PKR 217,000||PKR 2,720|
|Quetta||PKR 217,000||PKR 2,720|
|Sialkot||PKR 217,000||PKR 2,720|
|Attock||PKR 217,000||PKR 2,720|
|Gujranwala||PKR 217,000||PKR 2,720|
|Jehlum||PKR 217,000||PKR 2,720|
|Multan||PKR 217,000||PKR 2,720|
|Bahawalpur||PKR 217,000||PKR 2,720|
|Gujrat||PKR 217,000||PKR 2,720|
|Nawabshah||PKR 217,000||PKR 2,720|
|Chakwal||PKR 217,000||PKR 2,720|
|Hyderabad||PKR 217,000||PKR 2,720|
|Nowshehra||PKR 217,000||PKR 2,720|
|Sargodha||PKR 217,000||PKR 2,720|
|Faisalabad||PKR 217,000||PKR 2,720|
|Mirpur||PKR 217,000||PKR 2,720|