U.S. seeks financial adviser for Pakistan’s 4,500-MW Diamer Bhasha hydro project

The U.S. Agency for International Development (USAID) seeks bids to provide financial advisory services to the government of Pakistan for Pakistan’s proposed 4,500-MW Diamer Bhasha hydroelectric project on the Indus River. Bids are due October 27.

USAID awarded a contract in September to MWH Global to perform an environmental and social impact assessment of Diamer Bhasha. It was reported last year that the World Bank and Asian Development Bank agreed to help finance construction of Diamer Bhasha (also spelled Basha).

Pakistan recruited firms in 2009 for design, construction supervision, and contract administration of Diamer Bhasha, which includes a 272-meter-tall roller-compacted-concrete dam, two diversion tunnels, two underground powerhouses of 2,250 MW each, a permanent access bridge, and hydro-mechanical and steel structural equipment.

USAID/Pakistan now seeks bids for financial advisory services in regard to financing Diamer Bhasha. Work is to include development of a financing strategy for the project, assistance in financing decision making and financial closure, and development of a computer-based financial model for the project. The work is expected to require one year at a cost of US$2.5 million to US$2.9 million.

A solicitation notice may be obtained from the U.S. Federal Business Opportunities Internet site, www.fbo.gov, by entering Solicitation No. SOL39114000055 in the “Keyword/Solicitation #” box.

Bidders are to submit separate technical and cost proposals by 11:59 p.m., U.S. Eastern time, October 27. For information, contact Henok Amenu, Department of State, USAID Unit 62206, APO 09812-2206, Islamabad, Pakistan; (92) 51-2081271; E-mail: hamenu@usaid.gov, with copy to Luis Rivera, Contracting Officer, lrivera@usaid.gov.

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