Tag: pakistan mega dam

  • Pakistan raised $40 million for mega dam on Indus river, however spent $63 million on its advert

    Pakistan, which used to be submerged beneath floods of biblical percentage in contemporary months, accrued $40 million for a ‘mega dam’ at the Indus river however ended up spending $63 million on promoting it.

    Consistent with a Vice Information record, the proposed Diamer-Bhasha Dam at the Indus River, which is nowhere close to finishing touch, is the mega dam stuck in a scandal.

    Consistent with a Pakistan Parliamentary Affairs Committee (PAC), $40 million used to be raised from the general public for the development of the dam, however $63 million used to be spent on promoting it, Vice Information reported.

    READ | Biblical floods submerge Pakistan, overflowing Indus creates new lake

    The Diamer-Bhasha Dam used to be at first intended to be finished within the Nineteen Eighties, however a number of components corresponding to environmental have an effect on and escalating price behind schedule the undertaking. The dam, when built, can have an influence technology capability of four,500 megawatts.

    In 2018, former leader justice of Pakistan Saqib Nisar arrange a fund for the development of dam, the price of which had escalated to $14 billion by way of then. Other people have been requested to donate to the fund, Vice Information reported. Imran Khan, who used to be Pakistan Top Minister then, additionally assumed joint management of the ‘three way partnership’.

    Consistent with Vice Information, in 2019, Nisar claimed that there used to be a shortfall of $6.3 billion and the fund used to be by no means intended for in truth construction the dam, however to lift consciousness. Quickly after, allegations of corruption surfaced.

    A member of the Pakistan Nationwide Meeting claimed that extra quantity have been spent on promoting for the dam fund than used to be raised for it.

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    The ‘three way partnership’ had contributions from public, cricket workforce, best musicians, the military and executive workers.

    The Pakistan Parliamentary Affairs Committee has summoned former leader justice Nisar to supply an evidence in regards to the dam fund.

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