Diamer-Bhasha dam approved
November 12th, 2008 by The Online Reporter

Executive Committee of National Economic Council (ECNEC) on Tuesday accorded approval to the Diamer-Bhasha dam worth $12.6 billion.
Federal Minister for Water and Power, Raja Pervez Ashraf during the press briefing on the Diamer-Bhasha dam project said that dam would generate 4500MW electricity. He said that government would open bids for the pre-qualification of the project by November 30 to hire contractors.
Minister said that ECNEC had also approved comprehensive plan for the displaced families and they would be provided compensation. The project would be completed in the next seven years. Minister further said that project would provide electricity worth $1.5 billion per annum and the agriculture sector would get the benefit of $500 million annually.
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