Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Rs 30 bn to be allocated for Diamer-Bhasha Dam in new budget
05-26-2009, 05:13 AM
Post: #1
Rs 30 bn to be allocated for Diamer-Bhasha Dam in new budget
Tuesday, May 26, 2009

By Mehtab Haider

ISLAMABAD: The government has envisaged two separate allocations, amounting to Rs 30 billion, for the construction of the much-required multi-billion dollar Diamer-Bhasha Dam in the budget for the fiscal 2009-10, an official source told The News.

According to the working paper and minutes of a recently-held Annual Plan Coordination Committee (APCC) meeting, a copy of which is available with The News, the government has allocated Rs 15.09 billion for the acquisition of land and the resettlement plan for the dam.

In another allocation, the government envisaged Rs 15.5 billion for the construction of the Diamer-Bhasha Dam in the next budget, taking the total to Rs 30 billion in 2009-10. A senior official said the Central Development Working Party (CDWP) had taken a decision to make separate allocation for land acquisition and construction of the dam in order to differentiate where the cost escalation rested.

Section 4 will be imposed by the administrations of the NWFP and the Northern Areas during the land-purchasing process for the dam in the next budget. The government has put the construction of the Diamer-Bhasha Dam, costing Rs 805.08 billion with foreign loan component of Rs 313.73 billion, into new projects of the Water and Power Division for 2009-10.

The Water and Power Ministry had demanded Rs 8 billion for 2009-10, but the priorities committee approved Rs 15.5 billion, with foreign component of Rs 300 million for the next budget 2009-10.

The APCC has approved the same amount of Rs 15.5 billion for budgetary allocation in the next fiscal. For acquisition of land and resettlement plan for the dam, the government has estimated a cost of Rs 60.05 billion. Out of which, it will allocate Rs 15.09 billion for moving towards the desired objective by the next fiscal.

The government has asked the Friends of Democratic Pakistan (FoDP) to provide financial assistance for this multi-billion dollar project.According to initial indications, the Asian Development Bank (ADB) is going to invest a substantial amount in this project.

The profile of the project stated that there would be acquisition of land for the dam, reservoir and resettlement of 28,640 affectees (4,135 households). It would be a multi-purpose dam, with an installed capacity of 4,500 megawatt and water storage capacity of 6.4 million acre feet (maf).

The submerged area of the dam will be 115 sq km (28,500 acres) and it will be located at 315 km upstream of the Tarbela Dam and 40 km downstream of Chilas, Kohistan. On the main dam, the type of the Diamer-Bhasha Dam will be the roller compacted concrete (RCC). The maximum height of the dam will be 270 metre. Regarding main spillways, there will be 14 gates and the size of a gate will be 11 x 16.5 m.

http://www.thenews.com.pk/top_story_detail.asp?Id=22359
Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Punjab Government has Allocated Rs 300 Million for Minority Development Fund LRE-Azan 0 4,558 11-06-2017 03:06 PM
Last Post: LRE-Azan
  Lahore Ring Road Project-Southern Loop Budget Allocated By Punjab Govt Salman 0 12,180 10-30-2013 01:32 PM
Last Post: Salman
  6.13 Billion Allocated for Developmental Schemes In Punjab Salman 0 7,105 08-26-2013 03:20 PM
Last Post: Salman
  LDA budget: Bulk of over Rs1b spending allocated to Avenue 1 Salman 0 5,538 09-17-2012 01:09 PM
Last Post: Salman
  Punjab Devleopment News : Infrastructure: Rs33 billion allocated for roads Salman 0 4,048 06-11-2012 01:20 PM
Last Post: Salman
  Rs 114m allocated for water schemes in rural areas Salman 0 4,250 03-10-2012 01:26 PM
Last Post: Salman
  Indian hostility likely to ditch Diamer-Bhasha Dam project Lahore_Real_Estate 0 3,480 10-17-2011 02:53 PM
Last Post: Lahore_Real_Estate
  Budget 2011, an excellent budget: PM Gilani Lahore_Real_Estate 0 4,091 06-06-2011 02:28 PM
Last Post: Lahore_Real_Estate
  Rs 1.39 billion allocated for housing and works Lahore_Real_Estate 0 3,018 06-04-2011 12:38 PM
Last Post: Lahore_Real_Estate
  CCI unanimously approves construction of Diamer-Bhasha Dam Lahore_Real_Estate 0 3,478 07-19-2010 01:00 PM
Last Post: Lahore_Real_Estate
  Diamer Bhasha Dam: World Bank's halting of funds termed partisan act Lahore_Real_Estate 0 5,493 07-05-2010 02:32 PM
Last Post: Lahore_Real_Estate
  World Bank refuses to fund Diamer-Bhasha Dam Lahore_Real_Estate 0 3,710 07-03-2010 02:02 PM
Last Post: Lahore_Real_Estate
  Before budget, after budget (by Hassan Nisar) Naveed Yaseen 0 4,473 05-17-2010 11:18 AM
Last Post: Naveed Yaseen
  Karachi: 2000 Acres Allocated for Japan Special Economin Zone LRE 0 3,979 03-13-2010 09:30 PM
Last Post: LRE
  Land acquisition issue: Rs 40bn compensation for Diamer Bhasha Dam affectees Lahore_Real_Estate 0 3,447 03-12-2010 03:56 PM
Last Post: Lahore_Real_Estate
  Punjab: Rs 175 billion allocated for development: Shahbaz Naveed Yaseen 0 3,272 11-01-2009 06:39 AM
Last Post: Naveed Yaseen
  Government fails to release development funds allocated in budget Naveed Yaseen 0 3,829 10-21-2009 05:38 AM
Last Post: Naveed Yaseen
  Bhasha Dam to recover cost in 5 years: Wapda Chief LRE 0 3,931 10-10-2009 10:48 PM
Last Post: LRE
  Govt decides to not invest in 4500 MW Bhasha dam 'until issues resolved' Naveed Yaseen 0 3,559 10-01-2009 06:38 AM
Last Post: Naveed Yaseen
  Diamir Bhasha Dam to pump Rs60b into economy: Chairman Wapda Shakil Ahmed Durrani LahoreEstate 0 4,420 09-17-2009 09:15 AM
Last Post: LahoreEstate

Forum Jump:


User(s) browsing this thread: 1 Guest(s)