ISLAMABAD: The federal government is currently exploring various financing strategies for the Diamer-Bhasha Hydropower Project, as development partners have shown reluctance to commit the required $10 billion—comprising $8 billion for the project itself and an additional $2 billion for the transmission line. This was the key outcome of an inter-ministerial meeting held on August 19, 2024, at the Prime Minister House, chaired by Minister for Economic Affairs and Establishment, Ahad Cheema. Concerns were raised by members of the Federal Cabinet regarding the project’s future viability due to its significant financing…
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WAPDA Chairman Visits Diamer-Bhasha Dam Site
GILGIT: WAPDA Chairman, retired Lt Gen Sajjad Ghani, visited the Diamer-Bhasha Dam site on Friday to review the ongoing construction activities and assess the progress of the work. During the visit, Mr. Ghani was informed that work is actively underway at 14 key sites of the project, which is located across the Indus River, 40 km downstream of Chilas town in Gilgit-Baltistan. He inspected various components including the diversion canal, guide wall, diversion tunnel, upstream and downstream coffer dams, permanent bridge, and the left and right abutments of the main…
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