WAPDA awards 3 contracts of Rs98.5bn for construction of phase-1 K-IV project

News Image

MG News | June 09, 2022 at 10:05 PM GMT+05:00

0:00

June 9, 2022: The Pakistan Water and Power Development Authority (WAPDA) awarded three contracts worth Rs98.5 billion for the construction of Phase-I of the Greater Karachi Water Supply Scheme, also known as K-IV to supply 260 million gallons per day (MGD) of water to Karachi.

The ceremony to sign the contract documents was held on Thursday at WAPDA Mega Hydel Projects Complex. Federal Minister for Water Resources Syed Khursheed Ahmed Shah was the chief guest of the ceremony. Chairman WAPDA Naveed Asghar Chaudhry, WAPDA Member (Water) Javed Latif, WAPDA Member (Power) Jamil Akhtar and representatives of the consultants and the construction firms concerned also attended the ceremony.

General Manager (South) WAPDA Projects, Project Director K-IV and representatives of the contractors signed the contract documents on behalf of WAPDA and the construction firms respectively.

Addressing the ceremony, the minister said that K-IV was a vital project for Karachi, as it would help address the issue of water supply to the cosmopolitan and economic hub of Pakistan. Expressing satisfaction over WAPDA for streamlining the Project, he said, it is a big day today for K-IV and we hope that the Project will be completed as per the scheduled time frame.

Earlier, WAPDA GM (South) Projects / PD briefed the minister that Phase-I of the K-IV project would be constructed in districts Thatta, Malir and Karachi West, with approved PC-I of Rs.126.5 billion, envisages to supply of 260 MGD of water to Karachi. The Project will be constructed through eight packages, of which two have already been awarded, three being awarded today while the remaining three will also be awarded in the next ten days, he told and added two contractors have been mobilized to the site and construction of the Project will commence in the first week of July. Phase-I of K-IV is scheduled to be completed in October 2023; the minister was further briefed.

It is worth mentioning that the three contracts signed today include Contract Package K-IV – PL-I worth Rs 52.71 billion for pressurized water transmission MS pipelines and allied works from RD 0 to RD 64+200, contract package K-IV PL-II worth Rs.28.846 billion for pressurized water transmission MS pipelines and allied works from RD 64+200 to RD 111+700, contract package K-IV – PS worth Rs 17.40 billion for engineering procurement and construction (EPC) and turnkey contract of pumping station (civil, electrical and mechanical works).

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 162,994.17
366.14M
-1.71%
-2829.70
ALLSHR 97,525.91
833.18M
-1.65%
-1634.99
KSE30 49,090.22
171.05M
-2.02%
-1011.73
KMI30 234,097.76
141.71M
-1.92%
-4583.61
KMIALLSHR 63,284.58
381.76M
-1.79%
-1151.00
BKTi 45,458.10
90.77M
-1.53%
-707.82
OGTi 33,162.89
14.24M
-2.82%
-962.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,970.00 76,970.00
76,515.00
230.00
0.30%
BRENT CRUDE 111.86 112.05
111.06
1.46
1.32%
RICHARDS BAY COAL MONTHLY 113.00 113.00
113.00
-1.30
-1.14%
ROTTERDAM COAL MONTHLY 109.25 112.00
108.20
-1.20
-1.09%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 105.82 106.04
105.06
0.75
0.71%
SUGAR #11 WORLD 14.61 14.85
14.49
-0.16
-1.08%

Chart of the Day


Latest News
May 01, 2026 at 12:00 AM GMT+05:00

Petrol, Diesel prices jump by upto Rs19.39 per litre


April 30, 2026 at 08:49 PM GMT+05:00

PTCL dismisses e& exit speculation


April 30, 2026 at 08:41 PM GMT+05:00

Property files era ends


April 30, 2026 at 08:31 PM GMT+05:00

FFC announces financial results of First Quarter 2026



Top 5 things to watch in this week

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