Diamer Basha Dam’s Land Acquisition Details Revealed
According to news sources, the federal government announced in Islamabad that 32,073 acres of land have been bought for the construction of the Diamer Basha Dam. The dam is projected to be completed by April 2029, and it is being constructed to address the country’s ever-increasing power and water demands.
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According to the available data, the anticipated cost of the project is PKR 1,406,122,000,000. It consists of PKR 175 436 million for land acquisition and resettlement (AL&R), PKR 479 686 million for dam building, and PKR 751 million for the supply of power producing facilities.
According to reports, the Supreme Court (SC) of Pakistan will be the guardian of the dam finances, with PKR 12,934,008,868 already set aside by the government for the project. In addition, the incumbent government has set aside PKR 15,500,000,000 for the dam’s development and PKR 7,000,000,000 for AL&R.
Since October of last year, the consultants have been providing their services for the construction of the project. In addition, the primary dam contractor has been mobilized at the project site.
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In addition, the government is funding the acquisition of land and resettlement, having released PKR 106,897 million for the PC-1 in this regard. The government’s part for the dam’s construction is PKR 233,686 million, while private financing contributes PKR 144,000 million and the Water and Power Development Authority contributes PKR 100,000 million (WAPDA).
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