Tag "energy"

Why do foreign powers want control of Balochistan?

Balochistan is the largest province of Pakistan and ironically one with the least inhabitants. With a combined area of approximately 347,000 square kilometres, it is home to deserts, coastal belts, plateaus, mountains and oases littered across the vast expanse of mud, sand and hot air. The tribes which live here have been part of this land for thousands of years, wandering here and there as nomads. There are hundreds of

Chinese firm’s mega offer for hydroelectric power generation in Pakistan

On July 3, 2015, the Express Tribune reported that a mega Chinese firm has expressed willingness to pump almost $50 billion for hydroelectric projects in Pakistan. China Three Gorges Corporation (CTG), a state-owned power company which was established in September 1993, said it is keen to make this huge investment in Pakistan in conjunction with the International Finance Corporation (IFC), a World Bank subsidiary. It is worth noting that the