Our agenda is that of development of Pakistan, Nawaz Sharif

Dasu: Prime Minister Muhammad Nawaz Sharif performed the ground-breaking ceremony of the 4320 (MW) Dasu Hydro-Power Project today at Dasu. Governor Khyber Pakhtunkhwa Sardar Mehtab Ahmed Khan, Federal Minister for Water and Power Khawaja Muhammad Asif, Secretary Water and Power Ms. Nargis Sethi, Chairman Wapda Mr. Zafar Mehmood, Lt. Gen. (R) Salahuddin Tirmizi, Chief Secretary Khyber Pakhtunkhwa also attended the ceremony.

While speaking at the ceremony Prime Minister expressed that “today is historic day not only for Pakistan but also for the people of the area as we perform the ground-breaking of 4320-MW Dasu Hydropower Project.

The ground-breaking of Dasu Project is a reflection of the present government’s resolve to achieve energy security for fast-paced development of the country”.

We are spending Rs. 500 Billion on this area which will provide employment to locals and help significantly in poverty alleviation, added the Prime Minister. PM further said that we have always worked for the development of Pakistan and initiation of infrastructure projects like Motorways has been the hallmark of our government.

“If we are allowed to complete our 5 years term, Pakistan’s fate will turn around Insha Allah”, said the PM. Prime Minister further said that World Bank’s assistance for this project is a manifestation of sound economic policies of this government.

Prime Minister said that River Indus provides 40,000 MW of power potential while we have only been able to tap only 7000 MW so far. We plan to fully utilize this potential and 4500 MW Diamer-Bhasha Dam is another project on river Indus which we will take up shortly after Dasu hydro power project, PM added.

He termed the Dasu HPP a big initiative in terms of its power generation capacity adding that present government has taken the many steps to provide sufficient energy to power starved economy. He also thanked the World Bank which is providing assistance for the project.

Prime Minister while stressing upon the availability of affordable electricity said that, “Our problem is not merely the availability of electricity. What we are striving for is cheap and affordable electricity to meet the requirements of growing economy and increasing population.

It is here that the role of hydel electricity is of immense importance to rid us of the scourge of power shortages and put our economy on the trajectory of development. It is through addition of hydel electricity in the system that we can bring down the power tariff and consequently provide relief to the common man”.

Earlier the PM was briefed that Dasu Hydropower Project is a run of river project at the Indus River located 7 km upstream of Dasu Town, District Kohistan, Khyber Pakhtunkhwa. It’s Installed Capacity of 4,320 mega watts. The Project has been proposed to be constructed in two Stages.

The first stage includes six (06) units with total installed capacity of 2,160 MW, Land Acquisition, Resettlement and Environmental & Social Management. The second stage includes installation of remaining six (06) units. The construction of Stage-II will be taken up after completion of Stage-I. The total cost of stage one estimated to be is Rs 486,093.3 million and will be completed in five years, while the first unit will start production after 4.5 years.

The Prime Minister was also briefed about the current status of the project. The Chairman Wapda apprised the PM that detailed Engineering Design Studies of Dasu HPP including Environment and Social Studies and Pre-qualification & bidding documents have been completed.

The ECNEC in its meeting held on March 28, 2014 has approved the PC-I of Dasu HPP for Stage-I with Project Cost Rs. 486,093.30 Million. Total thirty (30) resettlement sites have been identified and finalized with the consultation of affected people of respective villages. The master plan and survey of eight (8) resettlement sites have already been completed.

The World Bank Board of Directors has approved the financing of Stage-I of Dasu Hydropower Project with US$ 1048.4 Million, PM was told.

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