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    Pezeshkian sworn in as Iran’s president

    Tehran sends legitimate demands after Trump rejects peace response, says Iran

    Iran says hypersonic missiles fired at Israel amid Trump’s surrender demand

    Trump rejects Iran peace terms, Tehran warns of new attacks

    US-Iran talks expected in Islamabad this weekend, IAEA Chief

    Ceasefire with Iran still intact, Pentagon Chief

    Pakistan congratulates Donald Trump for winning as US president

    Trump not satisfied with new Iran proposal

    Chinese fighter jet’s firm sales jump after Pakistan-India standoff

    Chinese fighter jet’s firm sales jump after Pakistan-India standoff

    US-Iran talks expected in Islamabad this weekend, IAEA Chief

    Trump not happy with latest Iran proposal to end war, says US official

    UAE – A Land of Opportunity and Sustainable Growth

    UAE – A Land of Opportunity and Sustainable Growth

    First time in history no Muslim representation in Indian cabinet

    India and South Korea plan $50 billion trade push with new deals

    Iran reviews ‘new US proposals’

    Iran reviews ‘new US proposals’

  • BUSINESS
    Pakistan unlikely to buy spot LNG in summer

    Qatari LNG tanker heads via Strait of Hormuz to Pakistan

    OGDCL discovers Oil, Gas reserves in Sindh

    Pakistan’s oil and gas sector shows solid growth in April

    Govt plans hedging to benefit from low oil prices

    Pakistan refineries face Rs24bn losses

    PM Shehbaz inaugurates ‘Salam Pakistan’ brand, ‘e-Portal’

    PM launches Rs3.2tr loan scheme for affordable housing

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    Govt forms 13-member committee for making interest free economy

    Pakistan repays $2bn loan to UAE, SBP

    Pakistan opens new Iran corridor for beef exports

    Pakistan opens new Iran corridor for beef exports

    Pakistan signs $500 million loan agreement with ADB

    ADB forecasts Pakistan growth at 3.5%

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    Akshay Kumar reveals his two upcoming projects during Saudi Film Festival

    Akshay Kumar and Anees Bazmee gear up for hilarious family comedy

    Meesha Shafi Ali Zafar FIA

    LHC suspends defamation case verdict against Meesha Shafi to pay Rs5 million in damages to Ali Zafar

    Akshay Kumar reveals his two upcoming projects during Saudi Film Festival

    Akshay Kumar wraps Keralam schedule of Anees Bazmee film

    Aamir Khan ‘promotes’ Indian political party in viral video

    Aamir Khan and Junaid Khan greet fans during Ek Din theatre visit

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    Adam Scott makes surprising confession about Taylor Swift’s new album

    Tabu’s first official look from ‘Dune: Prophecy’ revealed

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    Hania Aamir named in list of top Asian Celebrities of 2024

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Home BUSINESS

India’s objection over Diamer-Bhasha dam rejected

Web Desk by Web Desk
in BUSINESS, PAKISTAN
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Beijing rejected the objection raised by New Delhi over the construction of Diamer-Bhasha dam on Friday and said economic cooperation between China and Pakistan was aimed at promoting economic development and improving the well-being of the local population.

Prime Minister Imran Khan had directed to immediately start construction activities of the dam after issues related to settlement, detailed road map for mobilisation and financial resources of the Diamer-Bhasha dam were resolved.

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The Diamer-Bhasha dam is a 4,500-megawatt project with an estimated cost of US$ 15 billion and which is expected to be one of the largest dams in the world after completion.

The project, being termed as a positive stimulus for Pakistan’s economy, will not only create 16,500 jobs but will also generate 4,500 MW of electricity.

Additionally, the project will also irrigate 1.2 million acres of agricultural land while extending the life of Tarbela Dam by 35 years.

During a media briefing in Beijing, Chinese Foreign Ministry’s Spokesperson Zhao Lijian said, “China and Pakistan conduct the economic cooperation in order to promote the economic development and improve the well-being of the local population.”

Referring to the Indian External Affairs Ministry’s stance, Lijian stated that China’s position on the issue of Kashmir was consistent.

The spokesperson said the project was mutually beneficial and win-win for the two all-weather friends and strategic cooperative partners.

The Water and Power Development Authority (Wapda) awarded the contract of the construction of the Diamer-Bhasha dam on Wednesday to a joint venture between Power China and Frontier Works Organisation (FWO)

Diamer-Basha dam Chief Executive Officer Amir Bashir Chaudhry and authorised representative Yang Jiandu signed the agreement on behalf of WAPDA and the joint venture, respectively.

The WAPDA official said that the Diamer-Bhasha project’s value was estimated at around Rs1,406.5bn and will complete in 2028.

The dam will be able to provide the national grid 18 billion units of electricity annually.

Hussain said that earlier a consultancy service contract had also been awarded to the Diamer Basha Consultants Group (DBCG) worth Rs27.18 bn.

The consultancy agreement includes construction design, construction supervision and contract administration of the Diamer-Basha dam project.

The Joint Venture DBCG comprises of 12 top-ranked national and foreign consulting firms namely NESPAK (Pakistan), Associate Consulting Engineers(Pakistan), Mott MacDonald Pakistan (Pakistan), Poyry (Switzerland), Montgomery Watson and Harza(MWH) International – Stantec (USA), Dolsar Engineering (Turkey), Mott McDonald International (England), China Water Resources Beifang Investigation, Design and Research Company (China), Mirza Associates Engineering Services (Pakistan), Al-Kasib Group of Engineering Services (Pakistan), Development Management Consultant (Pakistan) and MWH Pakistan (Pakistan) with NESPAK as the lead firm.

These firms have a vast experience of providing consultancy services for mega water projects the world over.

Web Desk

Web Desk

Voice of Sindh is an initiative designed to uncover the untold stories of Sindh. It aims to preserve and promote the diverse culture, heritage, history, and traditions that make Sindh the bastion of pluralism and progress.

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