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Blossoming Gwadar to have 300mw coal-based power plant, says GPA chief

11:39 AM | 15 Mar, 2018
Blossoming Gwadar to have 300mw coal-based power plant, says GPA chief
ISLAMABAD - As efforts to transform Gwadar town into a hub of economic activities are underway, a coal-based power plant with a capacity of 300 megawatts will be established in the port city keeping in view future needs.

Dostain Khan Jamaldini, the chairman of the Gwadar Port Authority (GPA), stated this while briefing the National Assembly Standing Committee on Planning, Development and Reform meeting chaired by Abdul Majeed Khan Khanankhail on Wednesday.

Jamaldini added that the power plant, which is a component of flagship China-Pakistan Economic Corridor (CPEC) initiative of the Governments of China and Pakistan, will be established by a Chinese company.

China Communications Construction Company Ltd (CCCC) is working on the 300MW power project utilising imported coal at Gwadar, Balochistan.

Currently, free zone of Gwadar was being provided electricity through 7.8MW captive power plant, the GPA chief added.

He said that Gawadar port has been made functional with the arrival of ship as the first ship China’s state-owned shipping and logistics services supplier company visited port on March 7 and another ship on March 14.

On March 7, COSCO dispatched the first ever commercial shipment from Pakistan’s port city of Gwadar to UAE, marking the start of a new era of global trade from this South Asian country.

https://en.dailypakistan.com.pk/headline/first-commercial-shipment-from-gwadar-leaves-for-uae/

The GPA head further informed the meeting that China Overseas Port Holding Company (COPHC) has completed feasibility study for the construction of 1000 meter long new terminal with 5 additional berths, read a press release issued by the National Assembly.

He further said that the Chinese company installed a sanitation plant with the capacity of two lac gallon in the Gwadar.

The committee was informed that the paperwork of the Pakistan Railway project ML-1 is completed and up-gradation of the ML-1 would be started within 3 months.

The meeting was attended by MNA Malik  Ibrar Ahmed,  Dr. Asma Mamdot,  Shazia Sohil Mir,  Shamas-un-Nisa,  Shaheen Shafiq and Mr. Iftikhar-ud-Din. The senior officers from the Ministry of Planning, Development and Reform also attended the meeting.

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 20 April forex rates

Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 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 - 20 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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