Dasu Dam: World Bank warns Pakistan over worst setback in 3.78 billion loan

*ISLAMABAD – *The World Bank has cautioned Pakistan regarding a big setbackover the Dasu Dam project.

World Bank has expressed serious concerns over delay in the constructionwork on Dasu Hydropower Stage-I project.

World Bank has warned that the $3.787 billion loan it approved for theproject in June 2014 could get lapsed. The project was set to complete inJune 2021.

“It was claimed [by previous government] that they had completed landacquisition for Dasu dam, but currently we have only seven per cent [or 740acres] of land in hand as we require 12,000 acres,” said Minister for WaterResources Faisal Vawda while addressing a press conference on Monday.

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“The nation has to bear its [the delay’s] fallouts and we have to resolvethe issue,” he added.