Summary Government of Pakistan has assured to provide Rs 25 billion for this purpose.
LAHORE (Dunya News):-The Water and Power Development Authority (WAPDA) claimed to have arranged $ 9 billion dollars required for construction of Bhasha dam.
While talking to Dunya News on Tuesday, WAPDA officials said that four billion dollar would be derived from Asian Development Bank, two billion out of US, $1.50 billion at the guarantee of Ghazi Brotha Power House and $ 1.50 billion would be received from Friends of Democratic Pakistan.
Sources also claimed that recommendations with international companies regarding Dam, power house and tunnels would be finalized within 10 days permanent work would be started within next six months.
Officials are of the view that they had claimed Rs 30 billion from next fiscal year but the government has assured to provide Rs 25 billion for this purpose.
It is worthy of note that the Indian lobby in Washington has been actively campaigning against Diamer Bhasha Dam, asking the US and other lenders to link their assistance for the project with a no-objection certificate from New Delhi, which claims that the dam is located in the disputed territory of Gilgit-Baltistan.
