Highlight's of Ground Breaking Ceremony of Mohmand Dam Project

Описание: #Mohmand_Dam #WAPDA #Hydropower #CheapEnergy #WaterForLife
The Mohmand Dam is being constructed on the Swat River and it will be completed at a cost of Rs183 billion by 2024. The dam has the capacity to store 1.2 million acre feet of water. Upon completion, it will generate some 800MW of electricity. The construction of the dam is said to be imperative to resolve the problems of water scarcity and electricity shortfall in the country. A sum of Rs2bn has been allocated for the project in the Public Sector Development Programme 2018-19. The much-awaited inauguration ceremony of the Mohmand Dam was to be held in January, but postponed amid reports that had emerged of the award of the contract of the hydropower project on a single-bid basis to a consortium of three companies led by Descon, a company previously owned by Abdul Razak Dawood in which he and his family members hold ownership stakes. Then chief justice Nisar had taken offence over not being informed about the rescheduling of the ceremony and said he may not attend. It was rescheduled again. The former CJP had paid close attention to the issue of water scarcity and ordered the creation of the Dam Fund in July last year ─ a fund that appealed to the general public and overseas Pakistanis for donations for the construction of the Mohmand Dam and the Diamer-Bhasha Dam. The top judge's initiative was later joined by the prime minister. Within a span of five months, a total of Rs8.46bn was deposited in The Supreme Court of Pakistan and the Prime Minister of Pakistan Diamer-Bhasha and Mohmand Dams Fund, according to State Bank of Pakistan data in December 2018. ________________________________________
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