Search

x
Join our whatsapp channel for News Updates

J&K – India approves to build power project on Chenab River in despite Pakistan's objections

02:04 PM | 23 Jan, 2021
J&K – India approves to build power project on Chenab River in despite Pakistan's objections

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.

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.

Daily Pakistan Global Web Desk

Advertisement

Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

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. 

Today’s currency exchange rates in Pakistan - 18 April 2024

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

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter