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Award of contract for tunnel-boring machines: TI Pakistan for investigation into Rs 7 billion loss

IQBAL MIRZA November 07, 2012: Expressing deep concern over the allegation of loss to exchequer of Rs7 billion in the award of contract by Wapda for two tunnel-boring machines (TBMs) for the Neelum-Jhelum project at a cost of over Rs19.5 billion without tendering, Transparency International Pakistan urged the Prime Minister to institute an inquiry against persons involved in this "mis-procurement". The contract was awarded in violation of Public Procurement Regulatory…

Diamer-Bhasha dam: Pakistan must get NOC from India, insist multilaterals

MUSHTAQ GHUMMAN October 21, 2012: Pakistani officialdom has failed to grasp the fact that multilaterals such as the Asian Development Bank (ADB) and World Bank will not support the construction of the 4,500-megawatt Diamer-Bhasha dam in what is considered a disputed territory unless both countries party to the dispute approved the project, sources told this correspondent on Saturday. It is for this reason that both multilaterals are insisting that Pakistan gets a No Objection…

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