Showing posts with label dams. Show all posts
Showing posts with label dams. Show all posts

Wednesday, October 27, 2010

US to provide $60m for dams











ISLAMABAD: The United States has agreed to finance the under-construction Gomal Zam Dam and Satpara Dam and also pledged to encourage its private sector for investment in the energy sector of Pakistan, an official said in a statement on Tuesday.

Federal Water and Power Minister Raja Pervez Ashraf said that Pakistan would spend money from its own resources on the construction of both the dams (Gomal and Satpara) and the United States would reimburse $40 million and $20 million, respectively, for these two projects.