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China signs deal to build 3rd nuclear reactor in Pakistan: WNN

10:19 PM | 24 Nov, 2017
China signs deal to build 3rd nuclear reactor in Pakistan: WNN
ISLAMABAD - China has signed a deal to build a third large nuclear reactor in Pakistan, which wants to get a fifth of its electricity from nuclear by 2030.

World Nuclear News (WNN), supported by industry lobby World Nuclear Association, reported that China National Nuclear Corporation (CNNC) and the Pakistan Atomic Energy Commission (PAEC) have signed a cooperation agreement for the construction of a 1,000 megawatt (MW) HPR1000 “Hualong One” reactor at the Chashma nuclear power plant in Punjab.

The PAEC could not immediately be reached for comment.

The agreement was signed by the chairmen of CNNC and PAEC.


Pakistan generates five percent of its electricity from four small 300MW Chinese reactors at the Chashma plant and wants to boost nuclear capacity to 8,800 MW, or about 20 percent of power generation capacity, by 2030.

China is already building two Hualong One reactors with a capacity of 1100 MW each near the port city of Karachi, which are expected to become operational in 2020 and 2021 respectively.

PAEC Chairman Muhammad Naeem told the international news agency last month that PAEC was in the final stages of awarding contracts for Chasmah, which would take Pakistan’s nuclear capacity to about 5,000MW when it is finished. He said Pakistan wanted to build at least 3-4 more big nuclear reactors by 2030.

Imported oil is the main fuel for power generation in Pakistan, where one quarter of the population has no access to electricity.

Four Hualong reactors - a new so-called third-generation model with added safety features - are under construction in China, with the first expected to go online in 2021.

China General Nuclear Corporation (CGN) - China’s other big reactor vendor and French EDF’s partner in the Hinkley Point nuclear project - has an agreement with the British government to build a Hualong reactor in Bradwell in south east England.

Britain’s nuclear regulator is conducting a Generic Design Assessment, which is expected to take about five years.

The writer is a staff member. He has been affiliated with Pakistan's leading English newspapers and worked as News Producer at FM 107.4. Death (as...he believes...life is a station, and death is a longest journey from seen to unseen world), Rain, and winter's Full Moon 'Jarray ki Chandani' always fascinate him too much.

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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

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