Govt allocates Rs13.7bn for Diamer-Basha dam project

LAHORE: The federal government has allocated Rs13.78 billion for the 4,500MW Diamer-Basha dam project during the fiscal year 2012-13, said chairman of Water and Power Development Authority (WAPDA), while talking to Gilgit-Baltistan Works Minister Bashir Ahmed, Health Minister Haji Gulber Khan and Taxation and Minerals Minister Muhammad Naseer Khan, who called on him.

The chairman said that as many as 14 local contracts had already been awarded and the construction work on WAPDA offices, colonies, contractors’ camp, road infrastructure etc, in the project area is in full swing.

The process to acquire land for the project both in Gilgit-Baltistan and Khyber-Pakhtunkhwa has also been started, while Rs6.85 billion has been paid to the respective governments till June for the purpose, he said.

The chairman said that the multipurpose Diamer-Basha dam would usher in an era of prosperity and development in the country, particularly in Gilgit-Baltistan.

He said that a lucrative compensation package for the victims of the project has been devised in accordance with the international standards.

The Gilgit-Baltistan ministers assured the Water and Power Development Authority chairman of their full support in implementation of the project. Discussing the matters relating to the project, they also apprised him of the demands of the locals.

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