Tag: Dasu-Hydropower

World Bank to Provide $1 Billion New Loan for Dasu Project

Admin
Dasu-Dam

Islamabad: The World Bank will provide a new $1 billion loan for the Dasu Hydropower Project. This loan will be granted after the approval of the revised PC-1, which is estimated to cost PKR 1.7 trillion. According to senior officials from the Economic Affairs Division (EAD), the World Bank has formally agreed to finance the first phase of the Dasu Hydropower Project with this new loan. The loan disbursement is contingent on the approval of the revised PC-1, which includes updated timelines. The cost of the project’s first phase has…

Read More

Restrictions Hamper Progress on Dasu Hydropower Project: World Bank Cites Transportation Challenges

Admin
Dasu-Hydropower

ISLAMABAD: The World Bank has reported significant slowdowns in the 4,320 MW Dasu Hydropower Project due to restrictions on ground transportation for international workers and experts from Islamabad to the project site, as well as a shortage of armored vehicles for their movement within the project area. A recent World Bank mission to Pakistan noted that while construction is ongoing, security and logistical challenges have hindered progress. The March 2024 terrorist attack, which led to a temporary suspension of work by Chinese contractors, exacerbated the delays. Key milestones, such as…

Read More

EAD Urges NTDC to Expedite Dasu Project Construction, Set to Meet End-Dec 2025 Deadline

Admin
Dasu-Dam

The Economic Affairs Division (EAD) has issued directives to the National Transmission and Despatch Company (NTDC) to accelerate construction work on Lot-1, Lot-2, and Lot-3 of the Dasu hydropower project, aiming for completion by the end of December 2025. In a recent meeting chaired by Economic Affairs Minister Ahad Cheema, various stakeholders including the World Bank, ADB, and other agencies discussed the progress and challenges faced by foreign-funded projects. The focus was on addressing delays that hinder disbursements and prolong project timelines. One of the key projects under scrutiny is…

Read More

Chairman WAPDA visits Dasu Project to express solidarity with Chinese firm

Admin
New-01

March 27, 2024: Chairman WAPDA Engr Lt Gen Sajjad Ghani (Retd) visited Dasu Hydropower Project today to express solidarity with the Chinese engineers and the workers, who are serving at the Project. He reached there in the wake of a terrorist attack near Besham in Khyber Pakhtunkhwa, killing five Chinese and a local on their way to Dasu Hydropower Project site from Islamabad the other day. China’s Ambassador to Pakistan, H.E. Mr. Jiang Zaidong together with Chairman Ghani spent time with Chinese workforce at the project site. At the Construction…

Read More

Land acquisition substantially completed

Admin
Dasu-Hydropower

Construction pace to further accelerate on Dasu Project: Chairman WAPDA August 22, 2023: Chairman WAPDA Engr Lt Gen Sajjad Ghani (Retd) has said that the pace of construction work will be further accelerated on Dasu Hydropower Project, as long-delayed process of land acquisition has substantially been completed. The Chairman expressed these views during his visit to Dasu Hydropower Project today. Speaking on the occasion, the Chairman said that the issue of acquiring the land was the major obstacle in the way to speedy implementation of the project. He appreciated the…

Read More