China will build 20 hydroelectric dams along the Yangtze River by 2020, according to a report on Tuesday on a government Web site. A middle stretch of the river is already the site of the world

Pakistan and China are set to sign memorandum of understanding (MoU) to enter into joint venture for oil and gas exploration. The MoU will be signed by Advisor to Prime Minister on Petroleum and Natural Resources Dr Asim Hussain, who left here for China on Friday.

The maker of China

As Washington tries to rebuild its strained relationships in Latin America, China is stepping in vigorously, offering countries across the region large amounts of money while they struggle with sharply slowing economies, a plunge in commodity prices and restricted access to credit.

Federal Minister for Water and Power, Raja Pervez Ashraf has said that the government would facilitate and provide investor friendly environment to the Chinese companies in Pakistan. He said that the Chinese interest to invest in the hydel and wind power generation projects would help meet countrys future power requirements at affordable prices.

Bangladesh and Russia at a consultation in Dhaka have in principle agreed on cooperation for peaceful use of nuclear power, official said.

BEIJING (March 25 2009): A foreign banks consortium, comprising BNP Paribas, HSBC Bank plc, the Export-Import Bank of China, has signed a Sinosure buyer credit facility agreement of 150.151 million dollar with Northern Power Generation Company Limited for construction of 425 MW combined cycle power project at Nandipur, Finance Director of the company Ijaz A. Babar told APP.

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