News & Updates

ISLAMABAD , September 07- Finance Minister Senator Ishaq Dar has said that the government would go ahead with both Dasu and Diamer Projects at the same time and eventually phase out costly thermal power generation which had resulted in large import bill. He directed the officials of the Ministry of Water and Power to plan for the international investors meeting to be held in Washington DC to attract donor agencies and US investors for construction of mega dams in Pakistan with special emphasis on opportunities available in Diamer Bhasha Dam Project. The finance minister said this while chairing a meeting to discuss issues related to financing of Diamer Bhasha Dam at the Finance Ministry on Saturday. He observed that Indus River Cascade had an over ninety thousands mega watts power generation capacity and had there been focus on hydel power generation. He said that Pakistan would not have shortage of energy or water. He directed Water and Power Development Authority (WAPDA) cha