Dasu Hydropower Project: Wapda signs Rs52.5 bn contract with China for electro-mechanical work
ISLAMABAD: Pakistan's Water and Power Development Authority (Wapda) has marked a Rs52.5 billion agreement with a joint endeavor of GE Hydro China and Power China Zhongnan Engineering Corporation for electro-mechanical works of Dasu Hydropower Project (Stage-I).
Dasu Hydropower Project General Manager/Project Director Anwarul Haque and GE Deputy General Manager – the approved agent of GE-PC JV - Aijun Xu marked the agreement for the benefit of their associations here on Monday.
This agreement incorporates configuration, supply and establishment of six Francis turbines, generators, primary transformers, generator and station administration switchgear alongside related gear.
French Ambassador, Chinese and the US negotiators, Water Resources Federal Secretary Muhammad Ashraf and Wapda Chairman Lt Gen (R) Muzammil Hussain likewise went to the occasion.
Wapda Chairman Lt Gen (R) Muzammil Hussain said that today is a significant day for Dasu Hydropower Project. The undertaking is of fundamental significance to include a significant quantum of hydel power to the National Grid so as to limit dependence on costly warm age and lower the power tax, he further said.
Government Secretary of Ministry of Water Resources Muhammad Ashraf said the Ministry is focused on ideal use of hydropower assets for creating minimal effort and condition benevolent power to meet the vitality necessities of the nation for financial solidness and social advancement. Dasu Hydropower Project, he stated, is an indication of this dedication. He acknowledged Wapda Chairman for changing Wapda into an expert dynamic and dynamic association, including that Wapda has been unfalteringly moving to tackle water and hydropower assets in Pakistan.
Prior, French Ambassador Marc Barety and World Bank Country Director Illango Patchamuthu likewise tended to the function.
Dasu Hydropower venture will have absolute introduced limit of 4320 Megawatts of power with 12 creating units and is among the need extends under the National Water Policy. The task will be finished in two phases – each stage having an age limit of 2160 MW.
This is run of the waterway venture being built by Wapda on River Indus upstream of Dasu Town in Kohistan District of Khyber Pakhtunkhwa (KP) region. In Budget 2019/20, the government has assigned Rs55 billion for this undertaking.
At present, organize I of the task is in progress, while power age from the venture is relied upon to begin in 2024-25. Stage-I will contribute in excess of 12 billion units for each annum to the National Grid. The stage-II will likewise give another 9 billion units to the framework consistently.
The World Bank is mostly giving assets to development of the stage-I of Dasu Hydropower Project as much as $588.4 million and Partial Credit Guarantee (PCG) of US $460 million. The rest of the assets are being masterminded by Wapda from its very own assets and with the sovereign assurance of the legislature of Pakistan.
