Work on Di­amer-Basha dam to start soon

The Pak Banker - - 2national -

IS­LAM­ABAD: The govern­ment is all set to kick off work on Di­amer-Basha dam worth $ 11.3 bil­lion, to gen­er­ate ad­di­tional elec­tric­ity to over­come en­ergy cri­sis in the coun­try. Prepa­ra­tions for the ground break­ing cer­e­mony of the 4500 MW project have al­most been com­pleted and soon the work would be started on this mega project,a source in wa­ter and power min­istry told APP here Thurs­day.

The dam hav­ing 272 me­ters height is be­ing con­structed on In­dus River near Chi­las (Khy­ber-Pakhtunkhwa and Gil­git-Baltistan) 315 km up­stream from Tar­bela dam and about 40 Km down­stream of Chi­las town. He said that the govern­ment had al­lo­cated Rs. 1000 mil­lion for ac­quir­ing land in Gil­git-Baltistan (GB) and Rs. 700 mil­lion have al­ready been trans­ferred to GB. While Rs.92 mil­lion were also re­leased to DCO Ko­his­tan in 2009-2010 for land ac­quir­ing. Rs.170 mil­lion has al­ready been paid to ac­quire land for set­ting up WAPDA base camp. He said the PC 1 of the project was es­ti­mated as Rs.894,257 mil­lion while Rs.2049 mil­lion have been spent on the project so far. The source said the Coun­cil of Com­mon In­ter­ests has ap­proved $ 11.3b project with na­tional con­sen­sus and a to­tal 36,00 acres land would be pur­chased for the pur­pose. Ac­cord­ing to the data, once com­pleted, the dam would have stor­age ca­pac­ity of 6.4 MAF and elec­tric­ity gen­er­at­ing ca­pac­ity of 4,500MW while the coun­try would be get­ting the div­i­dends of $1.5b per an­num in the shape of cheap hy­dro power and halfa-bil­lion dol­lars in the shape of wa­ter stor­age that will be used for ir­ri­gat­ing more land. -App

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