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WAPDA signs Rs. 133.18 bln agreement for Diamer Basha Dam HM-1 Contract

WAPDA signs Rs. 133.18 bln agreement for Diamer Basha Dam HM-1 Contract
ISLAMABAD, Oct 24 (APP):WAPDA signed the agreement for HM-1 Contract of Diamer Basha Dam Project at a ceremony held at WAPDA House. The contract, worth Rs. 133.18 billion, has been awarded to Power China – IKAN Joint Venture (JV).
The agreement was signed by CE/PD Diamer Basha Dam Arif Ali on behalf of WAPDA and Ling Jianke, the authorized representative of Power China – IKAN JV.
Chairman WAPDA Lt Gen Muhammad Saeed (Retd), WAPDA’s Member Finance, Member Water, Member Power, CEO Diamer Basha Development Company, delegation of the JV headed by Chairman Power China International Group Limited and representatives of the Consultants also attended the ceremony, according to a press release received here on Saturday.
Diamer Basha Dam HM-1 Contract comprises hydro-mechanical equipment and hydraulic steel structures of the Project. The work includes manufacturing, supply and installation of gates and steel structures to control water flows at the Dam. The equipment will be installed at the flushing tunnels on both left and right banks, the power intakes and the outlets of the Dam. It also includes steel lining, hoisting systems, pumping systems and allied electrical works.
Diamer Basha Dam is a priority project of the Federal Government for water, food and energy security of Pakistan. It is being constructed across River Indus, 40-km downstream of Chilas town. On completion, the Dam will have gross water storage of 8.1 MAF and installed power generation capacity of 4500 MW.

Source: APP (Associated Press of Pakistan)