Rs52bn contract for electro-mechanical works of Dasu power project signed

ISLAMABAD: The Water and Power Development Authority (WAPDA) has signed a contract worth Rs52.5 billion with a joint venture of General Electric Hydro China and Power China Zhongnan Engineering Corporation for electro-mechanical works of the Dasu hydropower project (stage-I).

invest with imarat

Islamabad’s emerging city centre

Learn More

The contract was signed by Dasu Hydropower Project General Manager and Project Director Anwar ul Haque and GEHC Deputy General Manager Aijun Xu on behalf of their respective sides at a ceremony on Monday.

The ceremony was also attended by French Ambassador Marc Barety, World Bank Country Director Illango Patchamuthu, Chinese and US diplomats, Water Resources Secretary Mohammad Ashraf and WAPDA Chairman (r) Lt Gen Muzammil Hussain.

The contract entails design, supply and installation of six Francis turbines, generators, main transformers and generator and station service switchgear, along with related equipment.

The WAPDA chairman lauded the contract as vital to the completion of the Rs510 billion hydropower project and stressed the importance of adding a major quantum of hydel electricity to the national grid which would reduce dependency on the expensive thermal generation and help lower power tariff.

For more news and blogs, visit graana.com

Maham Tahir

Recent Posts

Shingrai Waterfall: Your Ultimate Adventure Destination

Swat, famously known as the "Switzerland of Pakistan," is a land of mesmerizing beauty. It is…

2 days ago

Top 5 Reasons Why Millennials Are Investing in Real Estate

Millennials, often referred to as the “financially cautious generation,” are reshaping the investment landscape. Known…

3 days ago

IMARAT Group’s First Restaurant, Graanic Launches Organic Dining Experience at Mall of IMARAT

Graanic, Pakistan's premier organic food brand, has officially launched its new restaurant at Mall of…

3 days ago

Madyan Swat: The Ultimate Travel Guide

If you’re looking for a destination that combines breathtaking views, a peaceful ambiance, and unforgettable…

3 days ago

Real Estate Wealth Management: Trends and Insights for 2025

The real estate sector in Pakistan is undergoing significant transformations, and wealth management strategies are…

4 days ago

Federal Government’s Rental Rate Increase Hits Commercial Properties Nationwide

December 19, 2024— In a significant move, the federal government has announced an increase in…

4 days ago