ISLAMABAD (News): The federal government, in its upcoming financial year 2012-13, will spend Rs55.52 billion on two major infrastructure projects including Diamer-Basha dam and Neelum-Jhelum power project, while on improvement of Karakoram Highway (KKH) about Rs3.8 billion will be expended.
According to the working paper of Public Sector Development Program 2012-13, out of this, Rs28.3 billion will be spend on land acquisition and construction work of Diamer-Basha dam which is the largest project ever executed in the country’s history; and will store 8.1 million acre feet (MAF) water and generate 4,500 megawatt (MW) of low-cost hydel electricity on its completion.
In addition to providing water for agriculture, the project will also contribute 18 billion units of electricity per annum to the national grid.
According to the official document, for completion of Mangla Raising Project and impound water during the next rainy season Rs6 billion and Rs6.84 billion Golan Gol Hydropower Project in Chitral has been earmarked, the working paper said.
Under Water and Power Development Authority (WAPDA), Rs2.069 has been earmarked for Allai Khawar hydro project in KP, Dubir Khawar Hydropower project KP Rs3.943 billion, Bunji Hydropower project Rs150 million, Keyal Khawar power project Rs544 million and for rehabilitation of Jaban hydro electric power station Rs1.155 million has been proposed.