Agreement sign worth Rs. 52.5 billion for electro-mechanical works of Dasu hydropower project

WAPDA partnership with GE Hydro China and Power China Zhongnan Engineering Corporation for electro mechanical works of Dasu Hydropower Project (Stage-I).

Agreement sign worth Rs. 52.5 billion for electro-mechanical works of Dasu hydropower projectAccording to the officials of The Pakistan Water and Power Development Authority (WAPDA) signed a contract worth Rs. 52.5 billion. The contract includes design, supply and installation of six francis turbines, generators, main transformers, generator and station service switchgear along with related equipment.

interesting reading:  Chinese Chipmaker Signs $7.6 Billion Investment Deal To Enhance Semiconductor Output

Dasu Hydropower Project is being constructed by WAPDA on River Indus upstream of Dasu Town in Kohistan District of Khyber Pakhtunkhwa (KP) Province. The project will be completed in two stages. Each stage having a generation capacity of 2160 MW. Currently Stage-I of the project is underway, while electricity generation from the project is expected to commence in 2024-25. Stage-I will contribute more than 12 billion units per annum to the National Grid. The Stage-II will also provide another 9 billion units to the system every year.

Project General Manager /Project Director of Dasu Hydropower Anwar ul Haque and GE Deputy General Manager, authorized representative of GE-PC JV Aijun Xu signed the contract on behalf of their organizations in a ceremony held in Islamabad.

interesting reading:  Pakistan Develops Drones To Save Crops From Locust Attack

French Ambassador, Chinese and the US diplomats, Water Resources Federal Secretary Muhammad Ashraf and WAPDA Chairman Lt Gen Muzammil Hussain (Retd) were present in the ceremony.

WAPDA Chairman Lt Gen Muzammil Hussain (Retd), said in his welcome remarks that today is an important day for Dasu Hydropower Project. The project is of vital importance to add a major quantum of hydel electricity to the National Grid in order to minimize reliance on expensive thermal generation and lower the power tariff, he further said.

Water Resources Federal Secretary Muhammad Ashraf addressing the ceremony said that the Ministry is committed to optimal utilization of hydropower resources for generating low-cost and environment-friendly electricity to meet the energy requirements of the country for economic stability and social development. Dasu Hydropower Project, is a manifestation of this commitment.

interesting reading:  SECP Grants Approval to First Technology-Based Crowdfunding Platform

He appreciated WAPDA Chairman for transforming WAPDA into a pro-active and dynamic organization, adding that WAPDA has been steadfastly moving to harness water and hydro power resources in Pakistan.

French Ambassador Marc Barety and Director World Bank Country Illango Patchamuthu also addressed the ceremony.

The World Bank is partially providing funds for construction of the Stage-I of Dasu Hydropower Project to the tune of US $ 588. 4 million and Partial Credit Guarantee (PCG) of US $ 460 million. The remaining funds are being arranged by WAPDA from its own resources and with the sovereign guarantee of Government of Pakistan. 

Leave a Reply

Your email address will not be published. Required fields are marked *

Captcha loading...