Construction activities on main Diamer Bhasha dam to start in current fiscal year

News Image

MG News | April 15, 2020 at 02:13 PM GMT+05:00

April 15, 2020 (MLN): Construction activities on the main Diamer Bhasha dam and its allied structures will start during the current fiscal year 2019-20.

The modalities for awarding the contract of the main dam and its allied structures have also been finalized, which is likely to be awarded shortly.

An amount of Rs 99.238 billion including Rs 93.9 billion for land acquisition has already been spent on the project so far. A sum of Rs 61 billion would be spent on the project during the current fiscal year.

Moreover, the project would be divided into six major components for which separate contracts would be awarded in phases.

The project dam would likely to be completed by March 2028.

Diamer Bhasha Dam is a multipurpose project aimed at water storage, flood mitigation and power generation. The project is being constructed across River Indus about 40-kilometer downstream of Chillas town. The 272-meter high Roller Compacted Concrete (RCC) Dam will have a gross water storage capacity of 8.1 million acre-feet (MAF).

The project will generate 4500 megawatt of electricity with annual energy generation of more than 18 billion units of low-cost and environment friendly electricity. With construction of Diamer Basha Dam Project, the life of Tarbela Dam will enhance to another 35 years. It will also have a positive impact on the annual energy generation of the projects in the downstream areas.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 177,039.83
457.43M
2.69%
4639.92
ALLSHR 106,439.15
980.52M
2.42%
2511.25
KSE30 52,890.43
243.06M
2.84%
1462.27
KMI30 253,474.66
222.84M
2.73%
6731.57
KMIALLSHR 69,154.67
541.49M
2.45%
1654.73
BKTi 48,191.73
63.48M
2.59%
1217.44
OGTi 35,876.09
14.73M
1.97%
692.56
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 66,445.00 66,510.00
66,415.00
-130.00
-0.20%
BRENT CRUDE 83.36 85.93
82.40
-3.97
-4.55%
RICHARDS BAY COAL MONTHLY 123.00 0.00
0.00
3.75
3.14%
ROTTERDAM COAL MONTHLY 125.00 125.00
125.00
-6.00
-4.58%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 81.17 81.41
80.92
0.42
0.52%
SUGAR #11 WORLD 13.64 13.90
13.61
-0.06
-0.44%

Chart of the Day


Latest News
June 15, 2026 at 10:04 PM GMT+05:00

Big industry output grows 6% YoY in April 2026


June 15, 2026 at 07:01 PM GMT+05:00

Pakistan, Alibaba strengthen E-commerce ties


June 15, 2026 at 06:30 PM GMT+05:00

CM orders crackdown on wheat hoarding


June 15, 2026 at 05:31 PM GMT+05:00

NTC, PSW formalize digitalization pact



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg