Pakistan’s Water and Power Development Authority has awarded a pair of contracts to perform resettlement works associated with construction of the 4,320-MW Dasu hydropower project.
Both contracts were awarded to China’s Zhongmei Engineering Group by WAPDA following an international call for bids.
The contracts, worth about US$18.56 million combined, include the resettlement of Barseen, Kaigah, Khoshe, Logro, Nasirabad and Uchar.
WAPDA said the resettlement package includes utilities, roads and other amenities including schools, livestock accommodations and recreational areas.
Dasu is located on the Indus River in the Kohsitan district of Khyber Pakhtunkhwa. It will be located about 240 km upstream of the 3,480-MW Tarbela complex and 74 km downstream from the proposed Diamer Basha Dam site.
The project will be completed in two stages, each having a capacity of 2,160 MW. Stage 1 will be completed in five years with an estimated cost of US$4.2 billion, WAPDA says. This includes construction of a 242-meter-tall roller-compacted-concrete dam, underground powerhouse and switchgear cavern, and six turbine-generator units.
The World Bank is providing a credit of $1 billion, and WAPDA is arranging the remaining funds from its own resources and with help from the sovereign guarantee of the government of Pakistan. In addition to the local financing, a “foreign loan” of US$350 million has been finalized and an agreement is soon to be signed, according to WAPDA. HydroWorld.com also reported that the authority had secured $1.37 billion local debt financing from a number of area banks in April.