The Pakistan Water and Power Development Authority (WAPDA) today marked an agreement worth Rs. 52.5 billion with a joint endeavor of GE Hydro China and Power China Zhongnan Engineering Corporation for electro-mechanical works of Dasu Hydropower Project (Stage-I).
The agreement incorporates configuration, supply and establishment of six francis turbines, generators, principle transformers, generator and station administration switchgear alongside related gear.
Dasu Hydropower Project General Manager/Project Director Anwar ul Haque and GE Deputy General Manager – the approved delegate of GE-PC JV – Aijun Xu marked the agreement for the benefit of their associations in a function held today.
French Ambassador, Chinese and the US representatives, Water Resources Federal Secretary Muhammad Ashraf and WAPDA Chairman Lt Gen Muzammil Hussain (Retd) likewise went to the occasion.
WAPDA Chairman Lt Gen Muzammil Hussain (Retd), in his invite comments, said that today is a significant day for Dasu Hydropower Project. The venture is of crucial 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 duty, he further said.
Tending to the function, Water Resources Federal Secretary Muhammad Ashraf said that the Ministry is focused on ideal usage of hydropower assets for producing ease and condition well disposed power to meet the vitality necessities of the nation for financial security and social improvement. Dasu Hydropower Project, he stated, is a sign of this dedication. He acknowledged WAPDA Chairman for changing WAPDA into a genius dynamic and dynamic association, including that WAPDA has been unfalteringly moving to bridle water and hydropower assets in Pakistan.
Prior, French Ambassador Marc Barety and World Bank Country Director Illango Patchamuthu likewise tended to the function.
The World Bank is halfway 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 orchestrated by WAPDA from its very own assets and with the sovereign assurance of Government of Pakistan.