Prime Minister Nawaz Sharif has witnessed the signing ceremony of financing agreements of US$ 588.4 million and US$ 76.4 million with the World Bank relating to the development of Dasu Hydropower Project and Sindh Agricultural Growth Project.
The project agreements of Dasu Hydropower Project were signed by Water and Power Development Authority (WAPDA) Chairman and Managing Director, National Transmission Dispatch Company (NTDC) and Country Director World Bank, Rachid Benmessaoud. The project agreement of Sindh Agricultural Growth Project was signed by the agriculture department secretary, government of Sindh, and the World Bank country director.
On this occasion, the prime minister was informed that Dasu Hydropower Project has the potential of producing 4320 MW electricity which will be developed in two phases. Under Phase-I, 2,160 MW electricity will be produced which will be extended to 4320 MW in future under Phase-II.
The Sindh agricultural growth project would improve the agriculture and livestock sector productivity of Sindh province. The project will use a value chain approach to provide direct investment support to the farmers and small and medium producer groups for development of more effective and efficient farming systems, introduction of technology packages for increased productivity and value addition, and improved market access.
The ceremony was attended by federal ministers for information, broadcasting and national heritage Senator Pervaiz Rashid, planning, development and reforms Ahsan Iqbal and water and power Khawaja Muhammad Asif along with minister of state for water and power Abid Sher Ali, Sindh Minister for Agriculture Ali Nawaz Mehr and Sindh Minister for Livestock and Fisheries Jam Khan Shoro among senior officers.
Two more projects like Nandipur coming up >PM has planned to completely destroy the Power sector in Paksitan .GOD bless us
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