Categories: Top Stories

Razak Dawood’s firm wins bid for construction of Mohmand Dam

F.P. Report

ISLAMABAD: PM Adviser on Commerce, Textile, Industry and Investment, Abdul Razak Dawood’s firm the joint venture of Descon and Chinese company, China Gezhouba, has won the bid for the construction of the Rs309 billion Mohmand Dam.

Chairman Water and Power Development Authority (WAPDA) confirmed that the joint venture of Descon and China Gezhouba has won the bid for the construction of the dam.

He added that the other joint venture of Frontier Works Organization (FWO) and Power China did not win the bid.

He further added that the WAPDA chairman further said that the contractor will mobilise to the site of the project within 10 weeks.

However, top officials in the Ministry of Water and Power said that the project is being initiated in haste. Its land has not yet been acquired and a consultancy firm is yet to be finalised, they upheld.

Mohmand Dam

The groundbreaking of the project was to be held today (January 2) but was postponed owing to pressing engagements of the prime minister.

Mohammad Dam is the flood control dam and after its construction it will be able to store 300,000 cusecs of water. The cost of the said project in 2003 stood at $1 billion which has now swelled to $3 billion because of the inordinate delay during Musharraf regime.

The Frontier Post

Recent Posts

Qatar says Netanyahu must be ‘brought to justice’ over strikes

DOHA (AFP): Qatar’s prime minister warned Wednesday that an unprecedented Israeli strike in Doha targeting…

2 hours ago

Israeli ambassador threatens to kill Hamas leaders in future

JERUSALEM (Reuters): If Israel failed to kill Hamas leaders in an airstrike on Qatar on Tuesday,…

2 hours ago

UK PM expresses ‘confidence’ in ambassador to US after Epstein letter

LONDON (AFP): British Prime Minister Keir Starmer backed the UK ambassador to Washington Peter Mandelson…

2 hours ago

UK PM Starmer and Israeli president clash during ‘tough’ meeting

LONDON (AFP): Israeli President Isaac Herzog said he had argued with British Prime Minister Keir…

4 hours ago

Trump ally Charlie Kirk shot during event at Utah Valley University

UTAH: Charlie Kirk, the powerful rightwing activist, Trump ally and executive director of Turning Point…

4 hours ago

Violence rocks Nepal sparking major worries

Angry Nepalese youth protested in the national capital of Kathmandu, moving from a landmark towards…

4 hours ago

This website uses cookies.