ISLAMABAD – The construction of delayed-for-decade Mohmand Dam will becompleted before flood season of 2024.
Sources told that the estimated cost of the project is Rs291 billion andWater and Power Development Authority would provide 67 per cent financingwhile remaining 37 per cent would provide by the government.
The local people had already transferred land for the project and it wouldhelp mitigate flooding in the area for ever but also generate 800 MW cheaphydel electricity.
They said contract for civil and electro-mechanical works of Mohmand DamProject had already been awarded to a Joint Venture comprising the ChinaGezhouba Group of Companies (CGGC) of China and DESCON of Pakistan.
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Mohmand Dam Hydropower Project would phenomenally contribute towards water,food and energy security of Pakistan.
