Tag: Dam

ISLAMABAD - After having assured financial support from the bilateral development partners for financing the $11.1 billion Diamer-Bhasha Dam on Indus River, the government is all set to perform the groundbreaking ceremony for the construction of the reservoir during the current month.
An official source in the Ministry of Water and Power said the groundbreaking ceremony for the project was proposed for the first week of April, but was postponed due to the busy schedule of the

LAHORE - Construction work of the Bhasha Dam has started and it will be completed within 10 years, Planning Commission Deputy Chairman Dr Nadeemul Haq told journalists after the Pakistan Urban Forum's (PUF) 2011 concluding ceremony at the Alhamra Arts Council on Saturday.
Haq said that public sector development programme funding has been slashed to Rs 100 billion from the sanctioned Rs 280 billion owing to slow economic activity and massive floods. Addressing the closing

ISLAMABAD - The US has assured Pakistan that it would take up the issue of financing for $13 billion Diamer Bhasha dam under the Kerry Lugar Bermen (KLB) bill disbursements for the next fiscal year 2011-12.
An official source said US had asked Pakistan to perform the ground breaking ceremony of the project that would help getting timely financing for the project from the US government from next fiscal year's releases under KLB bill.
He said no details had been worked out

PESHAWAR - The stalled work on Gomal Zam Dam has resumed. The development comes as the United States Agency for International Development (USAID) has released first tranche of $20 million to WAPDA for completion of multipurpose water project in South Waziristan Agency.
Talking to Pakistan Today, Engineer Karimul Haq the acting project director of Gomal Zam Dam said that the work had been at halt awaiting financial agreement between USAID and WAPDA authorities. He said 94 per cent

LAHORE - The United States Agency for International Development (USAID) has released the first tranche of $20 million to the Pakistan Water and Power Development Authority (WAPDA) for the Gomal Zam Dam Project. The USAID had signed an agreement with WAPDA last month for providing $40 million to help complete the Gomal Zam Dam Project.
Had this financial assistance not been provided, construction work on the project would have virtually ground to a halt due to lack of funding

ISLAMABAD - Pakistan on Thursday sought funding from the United States for the construction of Bhasha Diamer Dam and other projects.
Minister for Water and Power Raja Pervez Ashraf told the reporters after meeting with the US delegation led by Senior Adviser to US president on Economy David Lipton that they have sought financial assistance from US for the construction of hydel power projects. "We have informed them that a total of 2,000 MW of electricity would be added in the

ISLAMABAD - To expedite the construction of Diamer Bhasha Dam, the government on Thursday allowed the Water and Power Development Authority (WAPDA) to raise Rs 20 billion from the market through Sukuk and Term Finance Certificates (TFC).
This decision was made at the meeting of the Economic Coordination Committee of the cabinet that met under the chairmanship of Finance Minister Dr Abdul Hafeez Shaikh.
According to official sources, the government would provide the

ISLAMABAD - Senator Salim Saifullah demanded the government construct Kala Bagh dam on Saturday and said that rulers were inclined to send the nation back to the Stone Age.
Addressing a party meeting, he said that gas and electricity load shedding has not only disturbed the life of a common man but also brought industries on the edge of disaster.
The meeting was also attended by Javed Iqbal Khan, Muhammad Ayub Khan Khattak, Col (R) Khalid Munir, Ajab Gul Surani, Dr Tasneem

LAHORE: The former LCCI senior vice president Abdul Basit, who is also former chairman of the Poultry Association, has urged the government to initiate work on mega water projects including Kalabagh Dam if it wants to save the country from turning into a desert.
Speaking at a seminar on water shortage and its impact on coming generations, the former LCCI Senior Vice President spoke his heart out and alleged that enemies of Pakistan were spending all energies to push Pakistan on

LAHORE: Former Chairman WAPDA, Shamsul Mulk has said that Kalabagh Dam is a national issue and needs attention, denying the perception that it is just the issue of Punjab.
Shamsul Mulk said that his province has suffered the most, due to delay in construction of Kalabagh Dam, as recent floods that hit Nowshera resulted in the water level to reach 961 feet. This could have been avoided if Kalabagh dam had been built, as it would have kept the water level at only 880 feet.