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PM launches Pakistan’s first green Eurobond to raise $500m

ISLAMABAD: Prime Minister Imran Khan has formally launched Pakistan’s first green Eurobond by the Water and Power Development Authority (WAPDA). WAPDA is issuing Green Eurobond to raise $500 million for financing of Diamar-Bhasha and Mohmand Dams. Global financial institutions have

WAPDA awards Tarbela hydropower project to Chinese firm

ISLAMABAD The Water and Power Development Authority (WAPDA) has awarded a contract worth $354.6 million for civil works of the 1530 MW-Tarbela 5th extension hydropower project to Power Construction Corporation of China Limited (PCCCL) through an international competitive bidding. The

WAPDA stores rain-water at Tarbela, Mangla dams

ISLAMABAD: A Water & Power Development Authority (WAPDA) has stored the rainy water at the Tarbela and Mangla dams. In this regard, the WAPDA spokesperson said that the water was stored at full capacity in Tarbela and Mangla dams, the

WAPDA to file petitions for increase in tariff

ISLAMABAD: Under the newly introduced two-part tariff system, Wapda’s power distribution companies (Discos) have decided to file fresh petitions for an increase in tariff. Under the amended Nepra Act (Regulation of Electrical Power Generation, Transmission and Distribution Act), power companies