More Chinese technicians return to Pakistan to resume work on hydropower plants

12:47 PM | 22 Jun, 2020
More Chinese technicians return to Pakistan to resume work on hydropower plants

BEIJING - As many as 22 Chinese technicians from Gezhouba Corporation, China Energy Engineering Group (CEEC) have returned to Pakistan to resume work on hydropower plants after the completion of the quarantine period.

They will resume work in Neelum-Jhelum hydropower plant, Suki Kinari hydropower station, Dasu hydropower plant, and Mohmand hydropower plant respectively being completed under China Pakistan Economic Corridor (CPEC).

More than 500 Chinese staff for these projects who had returned home for the Spring Festival were stranded at home due to the pandemic, causing an acute shortage in manpower.

Also, the logistics and customs clearance of equipment and materials could not be carried out smoothly citing the same reason, hence it poses a challenge for the company to achieve the goal of these projects on schedule, according to China Economic Net.

According to the arrangement, Suki Kinari hydropower station is planned to complete the excavation and support of the main powerhouse and phase II closure of the dam by 2020; The construction of diversion tunnel, underground powerhouse and other parts of Dasu hydropower station is underway, and the dam closure is planned to be realized by the end of 2021; Mohmand hydropower station project is under construction of China-Pakistan camp, excavation and support of access tunnel for key lines and open excavation of slope at the outlet of diversion tunnel. It is planned to complete the excavation of the traffic tunnel to the intersection of the No. 1 diversion tunnel by 2020.

To ensure the progress of each project and honor the contract, Gezhouba Group of CEEC, after sorting out key positions and special work posts, dispatched 22 Chinese technicians to facilitate the projects. To ensure the safety of the returned workers and reduce the risk of infection, the company has strictly implemented the prevention measures in the process of airport transportation, transit accommodation, nucleic acid testing service, isolation and observation.

They returned to work after the test confirmed there was no infection, realizing a safe flow of the first batch of Chinese personnel since the closure of Pakistan. The hydropower projects undertaken by the Gezhouba Group of CEEC will effectively alleviate the energy shortage in Pakistan, help develop its industries and improve people’s livelihood. It will significantly optimize Pakistan’s power energy structure, especially reduce its dependence on high-cost and high-pollution old fuel power plants to achieve both economic and environmental benefits.

Under the situation that the task of epidemic prevention and control for Pakistan is still arduous and the pressure of production and operation is huge, the staff of Gezhouba Group, CEEC return to work with a high sense of responsibility and brotherhood to push forward the construction progress and make contributions to Pakistan’s energy development.


Rupee remains stable against US dollar, Euro, Pound, Dirham and Riyal; check forex rates

Pakistani rupee remained stable against US dollar in the open bank market on Friday.

Dollar Rate in Pakistan Today

On Friday, the US dollar was being quoted at 285.3 for buying and 288.15 for selling.

Euro moves down to 311 for buying and 314 for selling. British Pound rate stands at 358.5 for buying, and 361.5 for selling.

UAE Dirham AED stands at 78 whereas the Saudi Riyal rate stands at 76.20.

Today's currency exchange rates in Pakistan – 1 December 2023

Currency Symbol Buying Selling
US Dollar ‎USD 285.3 288.15
Euro EUR 311 314
UK Pound Sterling GBP 358.5 361.5
U.A.E Dirham AED 78 78.7
Saudi Riyal SAR 76.2 77
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 759.67 767.67
Canadian Dollar CAD 209 211
China Yuan CNY 39.59 39.98
Danish Krone DKK 41.38 41.78
Hong Kong Dollar HKD 36.63 36.98
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 926.7 935.7
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 173.44 175.44
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 741.26 749.26
Qatari Riyal ‎QAR 77.63 78.33
Singapore Dollar SGD 211 213
Swedish Korona SEK 26.93 27.23
Swiss Franc CHF 325.9 328.4
Thai Bhat THB 8.23 8.38

Gold rates drop in Pakistan; Check today’s gold rates 1 December 2023

KARACHI – The gold price continues to climb up in the local market in line of upward trend in international market.

Gold Rates in Pakistan Today - 1 December 2023

On Thursday, the single tola of 24 Karat gold was available at Rs217,400, and the price for 10-gram gold reached Rs186,390.

Meanwhile, the 22 Karat Gold price stands at Rs199,282, 21 karat rate for each tola is Rs190,225 and 18k gold rate hovers around Rs163,050.

In international market, the price of precious metal hovers around $2,045 per ounce.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 217,400 PKR 2,696
Karachi PKR 217,400 PKR 2,696
Islamabad PKR 217,400 PKR 2,696
Peshawar PKR 217,400 PKR 2,696
Quetta PKR 217,400 PKR 2,696
Sialkot PKR 217,400 PKR 2,696
Attock PKR 217,400 PKR 2,696
Gujranwala PKR 217,400 PKR 2,696
Jehlum PKR 217,400 PKR 2,696
Multan PKR 217,400 PKR 2,696
Bahawalpur PKR 217,400 PKR 2,696
Gujrat PKR 217,400 PKR 2,696
Nawabshah PKR 217,400 PKR 2,696
Chakwal PKR 217,400 PKR 2,696
Hyderabad PKR 217,400 PKR 2,696
Nowshehra PKR 217,400 PKR 2,696
Sargodha PKR 217,400 PKR 2,696
Faisalabad PKR 217,400 PKR 2,696
Mirpur PKR 217,400 PKR 2,696


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