BR100 Decreased By (-0.88%)
BR30 Decreased By (-0.81%)
KSE100 Decreased By (-0.74%)
KSE30 Decreased By (-0.73%)
AGHA 7.41 Decreased By ▼ -0.15 (-1.98%)
BECO 5.11 Increased By ▲ 0.02 (0.39%)
BML 55.48 Increased By ▲ 0.50 (0.91%)
BOP 32.25 Decreased By ▼ -0.73 (-2.21%)
CNERGY 10.34 Increased By ▲ 0.24 (2.38%)
CSIL 5.02 Decreased By ▼ -0.11 (-2.14%)
FCCL 51.30 Increased By ▲ 0.05 (0.1%)
FFL 15.90 Decreased By ▼ -0.28 (-1.73%)
FNEL 1.20 Increased By ▲ 0.01 (0.84%)
KEL 7.12 Increased By ▲ 0.06 (0.85%)
KOSM 5.37 Decreased By ▼ -0.17 (-3.07%)
LOTCHEM 26.54 Decreased By ▼ -2.58 (-8.86%)
MLCF 86.96 Decreased By ▼ -1.86 (-2.09%)
NBP 192.29 Decreased By ▼ -5.20 (-2.63%)
NCPL 55.31 Increased By ▲ 0.29 (0.53%)
NPL 65.45 Increased By ▲ 0.57 (0.88%)
OGDC 311.95 No Change ▼ 0.00 (0%)
PACE 10.35 Increased By ▲ 0.14 (1.37%)
PAEL 40.50 Decreased By ▼ -0.49 (-1.2%)
PIBTL 15.95 Decreased By ▼ -0.01 (-0.06%)
PPL 212.00 Decreased By ▼ -0.66 (-0.31%)
PRL 52.68 Increased By ▲ 0.14 (0.27%)
PTC 68.00 Decreased By ▼ -1.08 (-1.56%)
SSGC 24.74 Decreased By ▼ -0.36 (-1.43%)
TBL 9.50 Decreased By ▼ -0.12 (-1.25%)
TELE 8.24 Decreased By ▼ -0.08 (-0.96%)
TPL 17.80 Increased By ▲ 0.05 (0.28%)
TPLP 12.98 Decreased By ▼ -0.24 (-1.82%)
TREET 21.14 Decreased By ▼ -0.60 (-2.76%)
TRG 59.61 Increased By ▲ 2.72 (4.78%)

imageMIRPUR: The Pakistan Water and Power Development Authority (WAPDA) on Monday signed a contract worth Rs.10.81 billion with Alstom Hydro France for refurbishment and up-gradation of 6 power generating units installed at Mangla Hydel Power Station, it was officially declared.

The contract signing ceremony was held here at WAPDA House on Monday.

WAPDA General Manager (Hydel) Development Engineer Muhammad Arshad Chaudhry and representative of Alstom Hydro France Benoit Dhien signed the agreement on behalf of their organizations.

Mangla Refurbishment Project envisaging additional power of 310 MW will be implemented in various phases, where in the generating units will be refurbished by closing down one tunnel (two generating units) at a time.

First two units will be refurbished by the year 2018, the next two by 2019 and the other two by the year 2020.

Refurbishment of remaining four units will be carried out in the next phase. The approved PC-I cost of the Project is Rs.52.224 billion.

It is worth mentioning that the USAID is providing US$150 million as grant for the purpose, while rest of the amount would be arranged by WAPDA through loans.

Copyright APP (Associated Press of Pakistan), 2016

Comments

Comments are closed for this article.