ISLAMABAD – A joint venture of a Pakistani firm Descon and China Gezhoubahave won the bid for construction of Mohmand Dam.
The Mohmand Dam will have a capacity to generate 800 MW of electricity,besides storing 300,000 cusecs of water.
Descon was founded by Adviser to PM on Commerce, Textile, Industry &Production and Investment, Abdul Razak Dawood. However, he left the companybefore joining the PM for the advisory role.
Mohmand Dam is basically designed as a flood control dam and after itsconstruction, the dam will be able to store 300,000 cusecs of water. Thedam will save Charsadda, Peshawar and Nowshera from floods.
Initially, when the project was conceived in 2003, its cost was estimatedto be at $1 billion. However, it has now swelled to $3 billion due to theinordinate delay in the Musharraf regime.——————————
During the Musharraf regime, the construction of the dam was handed over toa US company – AMZO which did nothing for 8 years and inflicted a huge lossof Rs. 152 billion to the national treasury.
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However, during the PPP government, the project was handed over to Wapda. Aconsortium of Japanese and Australian firms carried out the detailed studyof the project and handed it over to Wapda in 2014.
Wapda Chairman General (R) Mozammil Hussain said that the Joint Venture ofDescon and China Gezhouba will mobilize to the site of the project within10 weeks.
“The international competitive bidding was held in single bid mode and theJoint Venture of Descon and China Gezhouba has qualified for the project.Other joint venture of FWO with Power China also participated in the bidwhich could not win the project,” General Hussain said.
