US RELEASES NEW FUNDS FOR POWER PROJECTS- The News
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US releases new funds for power projects
August 03, 2012 – Updated 1530 PKT
From Web Edition
ISLAMABAD: The United States Congress has released $280 million in new assistance to support Pakistan’s energy sector.
According to a press release by the US Embassy in Pakistan, the funds will support improvements to Mangla Dam and infrastructure support and due diligence work on the Kurram Tangi Dam project.
The press release adds that relieving Pakistan’s energy crisis is a top priority for the US civilian assistance program. The US approach consists of high-impact projects aimed at increasing Pakistan’s energy resources and helping power sector institutions more effectively meet the country’s energy needs.
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