ISLAMABAD: Prime Minister Imran Khan on Thursday performed the ground-breaking ceremony of Mohmand Dam.
As per details, the federal government of Pakistan has decided to construct the Mohmand Dam and invitations were distributed for the inauguration ceremony.
The PM inaugurated this historical Mohmand Dam project which will be completed until July 2024.
The ceremony was attended by the former Chief Justice Saqib Nisar and other high ranked government officials.
Earlier, The joint venture of Descon owned by Adviser to PM on Commerce, Textile, Industry and Investment Abdul Razak Dawood and a Chinese company, China Gezhouba, has won the bid for the construction of the Rs309 billion Mohmand Dam.
Water and Power Development Authority (WAPDA) chairman confirmed that the joint venture of Descon and China Gezhouba has won the bid for the construction of the dam. “The other joint venture of Frontier Works Organisation (FWO) and Power China did not win the bid,” he added.
The WAPDA chairman further said that the contractor will mobilize to the site of the project within 10 weeks. “We are in a negotiation process with the winning bidder to further cut the costs,” the WAPDA chairman added.
However, top officials in the Ministry of Water and Power said that the project is being initiated in haste. Its land has not yet been acquired and a consultancy firm is yet to be finalized, they upheld.
Descon is one of the very few Pakistani multinationals with over USD One Billion annual revenue with operations in seven countries. Voith Germany is one of the major global companies in power turbines and recently did Tarbela IV project for WAPDA, said the company.
Mohmand Dam
The groundbreaking ceremony of the project was previously scheduled on (January 2) but was postponed owing to pressing engagements of the prime minister.
Mohammad Dam is the flood control dam and after its construction, it will be able to store 300,000 cusecs of water. The cost of the said project in 2003 stood at $1 billion which has now swelled to $3 billion because of the inordinate delay during Musharraf regime.
