AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

The Pakistan Water and Power Development Authority (Wapda) Chairman Lt-Gen Muzammil Hussain (retd) said that Wapda is committed to constructing Mohmand and Diamer Basha dams as early as possible. Expressing satisfaction over the pace of development on Mohmand Dam, he said that construction activities on the project have gained momentum in the wake of its ground-breaking by the prime minister in May this year. He further said that evaluation of proposal for consultancy services as well as bids for award of Diamer Basha Dam civil works are at an advanced stage. Following award of consultancy services and civil works, construction on Diamer Basha Dam is likely to start in next three to four months. While thanking the ICDBMD for the support, the chairman said that the Dams Committee has been tremendously contributing towards implementation of the vital projects of Diamer Basha and Mohmand dams.

The Implementation Committee on Diamer Basha, Mohmand Dams (ICDBMD)on Tuesday presided over a meeting to discuss various matters relating to land acquisition and resettlement, procurement and financing of both projects. ICDBMD sub-committees on land acquisition, finance and procurement for Diamer Basha and Mohmand Dams made their presentations on the respective issues during the meeting.

Gilgit Baltistan (GB) senior Member Board of Revenue, Khyber Pakhtunkhwa (KP) Secretary Board of Revenue, Deputy Secretary (Budget) Finance Division, Deputy Secretary (Finance), Adviser (Development Budget) Ministry of Planning, Senior Joint Secretary (EAD), Joint Secretary (Water) Ministry of Water Resources, Deputy Secretary PM Office, Commandant Mohmand Riffle, Commissioner Hazara Division, Commissioner Diamer Astore Division, Deputy Commissioners Mohmand, Bajaur, Charsadda, Upper Kohistan and Chilas, Public Procurement Regularity Authority (PPRA) representative, Member (Finance) Wapda, Adviser (Projects) Wapda, GM (Land Acquisition and Resettlement) Wapda, GM (Diamer Basha Dam Project), GM/PD (Mohmand Dam), GM (Finance)Power and others attended the meeting.

Later, the sub-committee on Land Acquisition for Mohmand Dam briefed the meeting that the priority land for the project has already been acquired, while the process for acquisition of remaining land, being made in a phased manner, is expected to be completed in couple of months. The sub-committee on Land Acquisition for Diamer Basha Dam apprised the meeting that more than 32,000 acres of land for the project has been acquired so far. The meeting was further briefed that confidence building measures (CBMs) worth Rs 14 billion as social and environmental safeguard are being implemented for health, education, energy and infrastructure development in the project area. The sub-committee on Procurement made a detailed deliberation about the procurement processes for Mohmand and Diamer Basha Dams, while the sub-committee on Finance informed the meeting of the financial models for both projects with lesser reliance on public exchequer and more focus on alternate financing strategies including indigenous resources and commercial financing.

Copyright Business Recorder, 2019

Comments

Comments are closed.