The Water and Power Development Authority (WAPDA) has finally announced to award the contract for the much-delayed Diamer-Bhasha Dam in April.
During a recent meeting of Development and Reforms and WAPDA officials at the Ministry of Planning, it was stated that all technical issues related to the award of the contract have already been resolved and it would take a couple of weeks to complete the entire process.
Although the government has not arranged the financing of this project yet, it has announced to start working on it with the available resources. Planning Minister Asad Umar had advised WAPDA to ensure progress on the project as per the set timelines.
Furthermore, Asad Umar informed that work on already Diamer-Bhasha Dam Project was proceeding and a cost Rs. 99.238 billion has been incurred on the project till February 2020 with an additional Rs. 93.9 billion for land acquisition. Furthermore, additional expenditure of around Rs. 61 billion was planned during the current financial year, including Rs22 billion on resettlement and Rs39 billion on construction-related activities.
Prime Minister-Supreme Court Dam Fund has amounted to Rs. 12.17 billion available with it, the government will be requesting the Supreme Court to use this money in the construction of the dam.