$ 3.78b Dasu dam loan may get lapsed, warns World Bank

[ghazi52]

$ 3.78 b Dasu dam loan may get lapsed, warns World Bank

ISLAMABAD: The World Bank has expressed serious concerns over years of delay in the construction work on run-of-river Dasu Hydropower Stage-I project warning that the $3.787 billion loan it approved for the project in June 2014 could get lapsed. The project was set to complete in June 2021.

“It was claimed [by previous government] that they had completed land acquisition for Dasu dam, but currently we have only seven per cent [or 740 acres] of land in hand as we require 12,000 acres,” said Minister for Water Resources Faisal Vawda while addressing a press conference on Monday.

“The nation has to bear its [the delay’s] fallouts and we have to resolve the issue,” he added.

 

[Dubious]

$3.787 billion loan it approved for the project in June 2014 could get lapsed. The project was set to complete in June 2021.

another nooni blunder?

 

[ghazi52]

It was a big loan and what we did it just making Metro in Lahore. Shame.
No water for next generation.

 

[AZADPAKISTAN2009]

What is the difficult task in order to obtain a mountain land where only goats live

 

[ALi Rizwan]

It was a big loan and what we did it just making Metro in Lahore. Shame.
No water for next generation.

Metro is not the problem. WELL ALL ARE. Every one of us is responsible for the mess we are in right now.
First it was IPP instead of Hydel Power.
Then it was Infrastructure instead of Hydel Power.

 

[I S I]

What is the difficult task in order to obtain a mountain land where only goats live

#GoatsLandMatters

 

[Peaceful Civilian]

We can’t afford delay in projects, this will increase its overall cost.

 

[ghazi52]