Rs.74 bln earmarked for Diamer Bhasha, Dasu dams

ISLAMABAD, June 3 (APP): The government has allocated Rs.74 billion for two
mega multiple projects including Diamer Bhasha and Dasu dams in the federal
budget for fiscal year 2016-17.
Speaking in the National Assembly, Finance Minister Mohammad Ishaq Dar said
that a sum of Rs 32 billion has been allocated for Diamer Basha dam which would
not only store 4.7 million acre feet water besides generating 4500MW cheap hydle
electricity.
Similarly, he said that an amount of Rs.42 billion has been earmarked for
Dasu dam phase-1 which would generate 2160 MW electricity.
The minister said that water projects in Balochistan were the second most
important focus of water sector investments comprising construction of delay
action dams, flood dispersal structures, canals and small storage dams.
Main focus would be on the existing projects that could be completed within
the next two years, he added.
He said work was in advanced stages on projects such as Kachhi Canal,
Naulong Storage dam.
An amount of Rs.300 million has been allocated for further advancing the
project of construction of 100 small dams, he added.