ISLAMABAD — Pakistan and China have signed a memorandum of understanding for construction of Bunji dam in Northern Areas that will produce 7000 megawatt power.
The agreement was signed by Saleem Mandviwala on behalf of Pakistan’s Ministry of Water and Power and Yang’an, Chairman of China’s Three Gorges Project Corporation. The ceremony was also attended by President Asif Ali Zardari, who is currently visiting China.
Earlier, addressing a business forum in Zhejiang, President Zardari offered transit facility to Chinese companies, saying Pakistan’s ports would benefit Chinese firms by giving them easy access to outside world. He sought Chinese assistance in hydel, thermal and solar power generation and invited Chinese companies to carry out feasibility studies.
“We need solar power for individual housing units and I want the Chinese to carry out study in Pakistan,” Zardari said.
President of the institute Li Yueming said the corporation has carried out studies of a couple of medium-sized dams in Azad Kashmir. It has built over 100 such dams around the world — Africa, South America and Turkey.
Source Khaleej Time