Staff Report
ISLAMABAD: Construction activities on main Diamer Bhasha dam and its allied structures will start during the current fiscal year 2019-20. Sources told hat modalities for awarding contract of the main dam and its allied structures have also been finalized adding that contract was likely to be awarded shortly.
They said that an amount of Rs 99.238 billion including Rs 93.9 billion for land acquisition had 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, they said. Giving the breakup, they said Rs 22 billion would be spent of resettlement while remaining Rs 39 billion would be utilized for construction related activities, they added.
The sources said that the project was divided into six major components for which separate contract would be awarded in phases. They said that 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.
