NEW DELHI – Indian government has continued precipitating water war as a controversial power project on the Chenab River in Indian Illegally Occupied Jammu and Kashmir approved in a cabinet meeting chaired by PM Narendra Modi this week.
Islamabad had raised serious concerns over the 850-megawatt Ratle hydroelectric power project saying that it opposed the Indus Water Treaty (IWT).
As per the treaty, the Indus, the Jhelum, and the Chenab rivers are reserved for Pakistan while India holds the Ravi, the Beas, and the Sutlej rivers.
Pakistan argued that New Delhi could use these projects to create artificial water shortage or flooding in Pakistan and have been designed in violation of the IWT.
In a recent report, Lieutenant Governor of Indian occupied Kashmir Manoj Sinha said that the approval for the 850-megawatt Ratle hydroelectric power project came at a cabinet meeting chaired by Modi.
LG Manoj Sinha announces approval of 850 MW Ratle Hydroelectric Power Project over River Chenab, thanks PM Modi for historic step
— Take One Digital Network (@takeonedigital) January 20, 2021
Full video: https://t.co/aiWofIguHx
For more such updates visit https://t.co/HeDHwUrWdh#JammuAndKashmir pic.twitter.com/NrGZW1ixHk
The report added that Pakistan has approached the World Bank but the BJP-led government has decided to go ahead with the construction of these reservoirs.
Earlier in 2019, India had accepted Pakistan’s demand for inspection of Indian hydropower projects on the Chenab basin, and a Pakistani team later visited the dam sites.
Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.
Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.
UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 277.2 | 280.3 |
Euro | EUR | 293 | 296 |
UK Pound Sterling | GBP | 342.25 | 345.65 |
U.A.E Dirham | AED | 75.25 | 75.95 |
Saudi Riyal | SAR | 73.3 | 74.05 |
Australian Dollar | AUD | 181 | 182.8 |
Bahrain Dinar | BHD | 739.63 | 747.63 |
Canadian Dollar | CAD | 201 | 203 |
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 | 3.32 | 3.43 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 902.26 | 912.91 |
Malaysian Ringgit | MYR | 58.24 | 59.52 |
New Zealand Dollar | NZD | 164.75 | 169.63 |
Norwegians Krone | NOK | 25.42 | 25.68 |
Omani Riyal | OMR | 722.1 | 730.1 |
Qatari Riyal | QAR | 76.37 | 77.05 |
Singapore Dollar | SGD | 206 | 208 |
Swedish Korona | SEK | 25.72 | 26.02 |
Swiss Franc | CHF | 307.11 | 309.61 |
Thai Bhat | THB | 7.56 | 7.76 |
Copyright ©2024. Reproduction of this website's content without express written permission from 'Daily Pakistan' is strictly prohibited.