Damir Dam (12)
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Changes in royalty, resettlement cost formula likely
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Zardari seeks ADB funding for Diamer Dam
ISLAMABAD: President Asif Ali Zardari has called upon Asian Development Bank (ADB) to start process of financing Diamer Bhasha Dam as the project has been approved at all internal fora of the country.
The president said the project is useful as water storing reservoir, for production of inexpensive hydro energy of 4500 MW, for ensuring food and water security and for increasing cultivable lands.This he said during two separate review meetings, one about the ADB supported projects and the other about World Bank supported projects here at Aiwan-e-Sadr.
The president said the government was committed to reforming the energy sector as the availability of sufficient energy was critical for economic and social development in the country.
He said that a committee headed by the Finance Minister had been constituted to formulate a plan to address various issues of the energy sector including both short and long term.
The President also emphasized improving communication infrastructure as to promote inter and intra state trade activities.
He said Pakistan due to its geo-strategic location provides the shortest possible sea access to many countries of the Central Asia.
With better road infrastructure and well-designedcommunication networks the real potential of trade can be encashedby the regional countries, he reiterated.
The President also sought support for the construction of roads through the CAREC Funds for integrating Pakistan with Central Asia.
It may be recalled that Pakistan became member of the Central Asia Regional Economic Cooperation (CAREC) in October last year which consists of ten countries including Afghanistan, China, and Central Asian Republics.
The main objectives of this platform are to promote development by supporting accelerated growth and poverty reduction through regional cooperation in transport, trade facilitation, and energy cooperation among these countries.
The CAREC program is a partnership of six multilateral institutions including ADB, European Bank for Reconstruction and Development, IMF, Islamic Development Bank, UNDP and the World Bank.
The President said the government was committed to taking remedial measures to redress conventional ills of economy and to maintain fiscal discipline, reduce fiscal deficit and mobilize domestic resources to pursue high growth.
He appreciated ADB’s assistance for development of Pakistan especially in the energy sector with a portfolio of over $1 billion.
He also appreciated World Bank engagement with Pakistan since 1952.
The President also noted World Bank’s development assistance for the country amounting to US $ 4.5 billion and International Finance Corporation portfolio of US $ 860 million.
The President acknowledged WB’s assistance in energy sector with proposed portfolio of US$ 1.8 billion and US$300 million by IFC.
During meeting on World Bank supported projects, it was informed that up to 33 ongoing projects in different sectors were being financed by the World Bank.
These involve total commitment of US $4.5 billion out of which US $2.5 billion stand disbursed till June 2011.
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Diamer Dam work delayed for three years
By Our Correspondent
ISLAMABAD: The starting of construction work on Bhasha Dam might take three years more as the donors agencies have their own way of work and long processes before transferring of funds for the project.
An official while talking to the press said though ADB was likely to provide a sum of $7-8 billion but that was not going to happen overnight and would take time. The total project cost is around $12 billion and the dam will serve agriculture sector and power sector both as it would store water and will generate 4,000-megawatt electricity.
The official said that the government is facing troubles in getting funding for the project that is why it is being delayed.
There are some other issues regarding distribution of compensation money among the affected as the govt needs funds for the purpose as well. But he said that the govt would start the construction work of Bhasha dam and pay the compensation money if funds are available.
He also told that WAPDA has constructed the colony that was necessary to start construction process but now is waiting for the ADB to complete the process and allocate funds so that the construction contract could be assigned. It is also pertinent to mention here that during the period, there is no other hydel project that might help in decreasing electricity tariff and power generation is likely to rely on oil mainly for so many years as the govt is not taking any concrete step to ease the lives of the masses. Only one hydel power project is in construction process and that is Neelum-Jhelum run-of-the-river project but that will also be completed not before 2016. The project will add 956 megawatt in the system. The annual increase in electricity demand is calculated as more than 5 per cent in the current economic survey report so that project would not be able to help in decreasing power tariff at that time.-The Nation
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Diamer-Bhasha Dam Jirga wants land, boundary issues settled first
Written by Bang e Sahar
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دیامرڈیم سے 740 میگاواٹ سے زائد بجلی ملے گی،افتتاح 24 مئی کو ہوگا،چیئرمین واپڈا شکیل درانی
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Policy to resettle dam affectees soon
ISLAMABAD: In consultation with the stakeholders, Water and Power Development Authority (WAPDA) is finalizing a comprehensive policy for resettlement and rehabilitation of the affected people for its future projects with the prime focus on Diamer Basha Dam Project.
This was stated by WAPDA Chairman Shakil Durrani while addressing the inaugural secession of a two-day Stakeholders' Seminar on Resettlement and Rehabilitation of the Affectees of Diamer Basha Dam Project at WAPDA Administrative Staff College here.
Among a large number of notables from Diamer district of Gilgit-Baltistan, Ambassador Robin Raphel, Asian Development Bank (ADB) Country Director Rone Stroem, GB Health Minister Haji Bulbar Khan, Leader of the Opposition in GB Legislative Assembly Bashir Ahmed, Ex-Member GB Legislative Assembly Syeda Fouzia Saleem Abbas, WAPDA Member (Water) Syed Raghib Abbas Shah and WAPDA Secretary Imtiaz Tajwar also attended the seminar.
Chairman WAPDA said the rehabilitation and resettlement component is as important in execution of a project. Therefore, WAPDA is taking all the stakeholders into confidence to chalk out an action plan for the purpose, he added.
The chairman further said all possible measures are being taken to have a positive impact on the life of the people who will be affected due to construction of Diamer Basha Dam Project.
Ambassador Robin Raphel and ADB Country Director Rone Stroem, said that they were very encouraged to note WAPDA's interest in considering the safeguards to implement the project. They also committed all possible support for the project.
Vaqar Zakariya of Hagler Baillay Pakistan said Diamer Basha Dam can be used as a vehicle for regional transformation.
GB Health Minister Haji Gulbar Khan, Leader of the Opposition in the GB Legislative Assembly Bashir Ahmed, Ex-Member GB Legislative Assembly Syeda Fouzia Saleem Abbas assured WAPDA of their full support in execution of Diamer Basha Dam Project.
WAPDA General Manager (Land Acquisition & resettlement) Dr. Raheel Ahmed, dilating upon the salient features of the Resettlement Action Plan, said that the process of land acquisition has been started which is planned to be completed by 2012.
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ISLAMABAD: Pakistan has sought US investment in the $11 billion (Rs945 billion) Diamer-Bhasha dam in order to encourage international lenders to finance the mega project.
Official sources told Dawn that a formal request was recently made to the Obama administration by ministries of finance and water and power to fund the project "even with a small contribution" to increase the comfort level of other international lenders.
The US administration has not yet responded to the request as National Security Council's Senior Director David Lipton and Deputy Assistant Secretary Robert Cekuta were seeking opinion of the US energy department and other relevant quarters.
In the meantime, Mr Lipton has asked Islamabad to provide additional information about the energy development fund (EDF) set up by the government with the seed money of Rs20 billion and the initial development work to be undertaken by the Pakistan government to encourage private sector investments in major energy projects.The sources said this indicated that the US might contribute to the Bhasha dam project through the EDF.
The project will have a designed water storage capacity of about 8 million acre feet (MAF) and power generation capacity of 4,500mw.
The project cost estimated at Rs895 billion in June this year, has now been raised to Rs945 billion.
The government wants an investment of about Rs315 (about $3.7 billion) in foreign exchange for the project planned to be completed by 2016.
The sources said that Pakistan would reiterate the request when President Barack Obama's special envoy Richard Holbrooke attended Pakistan Development Forum (PDF) meetings on Nov 14-15 in Islamabad. The project would also be presented to multilateral and bilateral lenders during the PDF.
Talking about power sector reforms agreed with the lending agencies as part of Friends of Democratic Pakistan (FODP) deliberations, a senior government official said the proposed merger of two energy related ministries - water and power and petroleum - into Ministry of Energy was facing legal complication and so was the appointment of a senior energy adviser because his role straddled different sectors.The sources said Water and Power Secretary Javed Iqbal had recently told US officials that the prime minister had agreed to the merger of the two ministries but that would take at least two years after effective implementation of the 18th Amendment.
The government believed the two ministries had inter-provincial responsibilities and their merger would require either further amendment to the Constitution or the rules of business.
A set of recommendations have been forwarded to the law ministry to move ahead with the merger.
The sources said the merger of two energy sector regulators - Nepra and Ogra - has also been delayed because of legal and regulatory issues.
The government has told the US and lending agencies that the merger of the regulators into a single, autonomous and effective forum could be considered a long-term measure after the merger of the two ministries.--Dawn
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