QUOTE(Tarbela @ Jun 13 2008, 08:48 AM)

Chashma Nuclear Power Project 2008-09: 2 new power plants worth Rs 129.374bn
ISLAMABAD: Pakistan has decided to launch two new nuclear power projects at Chashma worth Rs 129.374 billion that would generate 640 MW power to induct into national grid.
These plants include Chashma Nuclear Power Project (c3) and Chashma Nuclear Power Plant (c4) and government has allocated Rs 100 million for these nuclear power projects in the Public Sector Development Programme (PSDP) 2008-09.Sources said that each nuclear power plant would have the power generation capacity of 320 MW and each project would cost Rs 64.687 billion. Government would arrange Rs 80.36 billion from international donors' institutions and countries.
They further added that these new nuclear power projects are the part of the government's 2030 vision strategy under which over 8,000 MW power by nuclear projects would be generated by 2030.
Pakistan had planned to set up four new nuclear power plants in its strategy for financial year 2008-09 of 1,280 MW power and however two nuclear power projects would be launched in the coming financial year 2008-09. These nuclear power projects are the phase 3 and phase 4 of Chashma Nuclear Power Plants.
The first phase project of Chashma Nuclear Plant was commissioned in September 2000. A Chinese Company is already working on the second phase of Chashma Nuclear Power Plant and in May 2004, Pakistan and China signed a contract to jointly build the second phase project of Chashma Nuclear Power Plant.
Sources said that Pakistan has sought financial and technical help from China for setting up of these
two power nuclear power plants of 320 MW each and submitted feasible studies of these projects to China. They said that China has agreed to provide financing and technical assistance for these nuclear power projects.
Sources said that Pakistan would also seek help from other countries and however, major chunk of the financing would come for these power plants would come from China. They said that Chinese companies are already working on mega power projects in Pakistan.
The government had also planned to set up two nuclear power plants at Karachi but the plan had not been shelved due to financing problems for the said projects. They said that the Finance Ministry is also working to seek financing from other countries besides China and would also evolve a strategy to engage the countries in a joint venture to provide financing for the said projects.

Pak in talks with China for more nuke plants
18 Jun 2008, 0105 hrs IST, Indrani Bagchi,TNN
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NEW DELHI: As the UPA government loses its nerve on the nuclear deal, it is becoming clear that Pakistan may be quietly powering ahead — with its old friend China.
The Pakistan economic survey, released last week, gave an interesting preview of the country's nuclear future. In a paragraph that went almost unnoticed, the survey said, "Negotiations are in progress with China National Nuclear Corporation (CNNC) for setting up two additional 325 MWe units at Chashma and for starting designs studies of 1000 MWe units at Karachi."
In other words, while India will be constrained from pursuing the nuclear power option, Pakistan may be working out its own nuclear deal with China. The two units in Karachi are a new element in Pakistan's nuclear plans.
China is unlikely to be an enthusiastic supporter of the Indian nuclear deal in the NSG (which is believed to have inspired the Indian Left parties). But there is little to stop it from extending the same privileges to Pakistan, certainly to keep India on its toes, said analysts.
The agreement for two units at Chashma II was "grandfathered" by China when it joined the Nuclear Suppliers Group (NSG) as member in 2004. Just like India's Kudankulam reactors, these would be beyond the purview of the NSG guidelines, which would only kick in on deals done after that. The point is, whether the Chinese promised four more reactors to Pakistan.
This was part of the request made to the Chinese leadership by Pervez Musharraf in 2006 though the extra reactors did not materialise as they were supposed to during Hu Jintao's visit to Pakistan.
But in 2007, after the Lal Masjid operation in Islamabad, when a number of Chinese citizens, engineers and other workers were targetted in Pakistan, the Chinese ambassador to Pakistan was quoted as saying that the Chinese government was discussing the Chashma II and Chashma IV projects with Pakistan. Chashma II, he said, would be completed in 2008.
Nuclear experts say although China will have an uphill task to convince NSG of the Pakistan reactors, it's clear that China's increasing international clout could even see a nuclear deal working out between Beijing and Islamabad and going to the NSG for clearance.
http://timesofindia.indiatimes.com/Pak_in_...how/3139150.cms