Don’t miss the latest developments in business and finance.

India unlikely to export electricity to Pak in wake of LoC tensions: Report

Image
ANI Islamabad
Last Updated : Aug 21 2013 | 4:25 PM IST

India is reportedly going to withdraw its remarkable energy project with Pakistan due to the recent tension at the Line of Control that saw the killings of soldiers from both sides triggering mutual distrust.

According to the Nation, the newly-elected democratic Nawaz Sharif government in Pakistan had declared that it put in great efforts to make peace with India which was well responded by the latter, however, the recent incidents have given a blow to the much appreciated Pak-India back channel diplomacy.

India was going to offer 500 megawatt of electricity to Pakistan as part of a confidence building measure (CBM).

Sources said that Pakistan's foreign office had forbidden a delegation of country's water and power ministry to fly to India to finalise the deal due to the recent rising confrontation between the two nations.

The report added the sources saying that India had backtracked from its initial offer and was not willing to push forward the energy project

However, Foreign Office spokesman Aizaz Chaudry said that they have not stopped any delegation.

Pakistan purchases electricity from Iran and had sought to purchase 500 megawatt of power from India to alleviate some of the acute energy crisis it is currently facing, the report added.

Also Read

First Published: Aug 21 2013 | 4:13 PM IST

Next Story