In a significant development to implement the Dasu Hydropower Project, up to 10 firms and joint ventures - known world over in the field of project implementation - have submitted their proposals for construction of the main dam of Dasu Hydropower Project. "Eight of them have also submitted their proposals for construction of underground power complex of the project. Importantly, some of the firms and joint venture have indicated financial arrangement for const ruction of the main dam and the power complex," said a Water and Power Development Authority spokesman.
He said an excellent response was a result of the hectic efforts made by the authority's high-ups during the last one year to woo construction firms and the investors for the project. "It further reflects their confidence in the Wapda and the hydropower sector of Pakistan," he added.
The firms and joint ventures, which have submitted their proposals, are internationally recognised for construction of mega hydropower projects. Four of the firms belong to Turkey, one to Italy, three to China, one to Korea and one to Vietnam. Evaluation of the proposals has started and the bid documents would be issued to the pre-qualified firms and joint ventures on completion of the process.