Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: PM approves Diamer Basha dam financial plan
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Basha dam
PhotoNews Pakistan > Gilgit - Baltistan > PM approves Diamer Basha dam financial plan
Gilgit - Baltistan

PM approves Diamer Basha dam financial plan

Web Desk
By Web Desk Published December 5, 2016 2 Min Read
Share
SHARE

Prime Minister Nawaz Sharif has approved the financial proposal for Diamer Basha dam so as the physical work on the the project is started before the end of 2017.

According to Radio Pakistan, the Prime Minister has approved the financing plan of the Diamer Basha dam.

The proposal based on self reliance will fund the dam portion of the project from PSDP allocations and WAPDA generated resources while the rest of the financing for the power generation portion will be arranged on commercial basis by the ministry either through WAPDA or through leasing its existing projects.

The Council of Common Interests (CCI) had approved Diamer Basha Dam project for construction in the year 2009.

The storage capacity of the existing dams is fast depleting due to silting and the country losing on its agricultural production after every few years due to a dry season, needs to be overcome by constructing more reservoirs.

Diamer Basha Dam will provide 8.1 MAF of gross storage of which 6.4 MAF will be the live storage and a capacity to produce 4500 MWs of cheap and clean energy.

The prime minister also appreciated the fact that the land acquisition for the dam has been completed with the efforts of the ministry and the Gilgit-Baltistan administration.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Pakistan Cryptocurrency Ransom

Cryptocurrency Used for Ransom in Pakistan

D4vd Tesla Corpse

Festering Corpse Found in Tesla Trunk Linked to Rapper D4vd in 2025

Hassaan Niazi military court

PTI’s Hassaan Khan Niazi Challenges Military Custody in Lahore High Court 2025

Post Archives

More Popular from Photonews

Howard Stern Prank
Entertainment

Howard Stern Pranks Fans with Andy Cohen Takeover Hoax on SiriusXM

3 Min Read
59th Defence Day Pakistan
Pakistan

Pakistan’s Armed Forces Honor Martyrs on Defence and Martyrs’ Day 2025

2 Min Read
Messi World Cup 2026 Qualifiers
Sports

Messi Double Leads Argentina Qualify for World Cup 2026

2 Min Read
BusinessTop News

Canada’s Unemployment Rate Hits 7.1%, a Nine-Year High

Statistics Canada reported that Canada’s unemployment rate rose to 7.1% in August 2025, up 0.2 points…

September 5, 2025
Top NewsWorld

Japan Celebrates Prince Hisahito’s Coming of Age Amid Succession Debate

Japan held a grand ceremony at the Imperial Palace in Tokyo to mark Prince Hisahito’s coming…

September 6, 2025
Tech

Roblox Complies with Saudi Arabia’s Media Regulations for Content

Roblox, the global gaming and creation platform, has met Saudi Arabia’s strict media guidelines. The company…

September 5, 2025
Sindh

Hyderabad Records 280mm Rain in 24 Hours

Hyderabad recorded a staggering 280mm of rainfall in the last 24 hours, according to the Pakistan…

September 10, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?