With 11 million section of land feet net water stockpiling to flood 3,000,000 sections of land of horticulture land, the Water and Power Development Authority (Wapda) vows to add 9,000MW of ease hydel capacity to the public lattice by finishing seven mega hydropower projects by December 2028.
The activities focused on to be finished with portion of sufficient assets throughout the following eight years incorporate Kurram Tangi Dam (Stage-I), Mohmand Dam, Dasu Hydropower Project (Stage-I), Tarbela fifth Extension Hydropower Project, Keyal Khwar Hydropower Project (Stage-I), Sindh Barrage and Diamer-Bhasha Dam.
“We have no financial issue as we have apportioned satisfactory assets, conveyed HR for convenient fruition of the previously mentioned projects by 2028,” Wapda Chairman resigned Lt Gen Muzammil Hussain told Dawn on Saturday.
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Wapda, which got worldwide FICO score of ‘B-‘ with a steady standpoint in March a year ago from global rating offices, Fitch and Standard and Poor’s (S&P) — an essential for green Eurobond issuance — is as of now contributing Rs271 billion as value for three mega hydropower projects — Diamer-Bhasha, Dasu and Mohmand dams. It has additionally received a most optimized plan of attack multi-pronged methodology to organize assets for finishing of Kurram Tangi Dam (Stage-I), Tarbela fifth Extension, Keyal Khwar (Stage-I) and Sindh Barrage. Wapda’s Rs271bn value for three undertakings incorporates Rs176bn, Rs66bn and Rs29bn for Diamer-Bhasha, Dasu and Mohmand dam projects, individually.
Seven mega hydropower undertakings to inundate 3,000,000 sections of land of farming area
“The financial plan for the previously mentioned seven undertakings depends on the subsidizing by the national government under the Public Sector Development Program (PSDP), neighborhood and unfamiliar business financing and Wapda’s own commitment (value),” the executive kept up.
As indicated by a record, the authority appears to be resolved to finish 18.9MW Kurram Tangi (Stage-1) by one year from now. The task will help in flooding 16,000 sections of land with yearly age of 79 million ease hydel power units. Mohmand Dam, which is intended to be finished by 2025, will have a gross water stockpiling limit of 1.29 million section of land feet, inundating 176,000 sections of land horticulture land. The task will create 800MW (2.86 billion units yearly), other than giving drinking water to Peshawar (300 million gallons each day).
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