Govt announces construction of Bhasha dam

ISLAMABAD, November 11: The Executive Committee of the National Economic Council has approved the construction of Diamer-Bhasha dam here on Tuesday.

Addressing a press conference, Federal Minister for Water and Power, Raja Parvez Ashraf said that 4500 MW of electricity would be generated through the dam.

“The construction work will be completed in seven years with the cost of $12.6 billions,” he said, adding, it will have the capacity to store 8.1 million acre feet water.

Ashraf said that the bidding would commence on November 30 for pre-qualification of the project.

Around 28, 000 people would be displaced due to the project, he said and added that affected people would be provided alternate land in addition to the payment of actual cost.

The federal minister said, “ China, Saudi Arabia and European Union have showed interest in building the dam.” Courtesy: GEO TV