Mohmand Dam to be constructed at a cost of Rs291bn

ISLAMABAD: The cost of constructing Mohmand Dam has been estimated to be Rs291 billion and it would take around five years to complete, official sources told APP. 

They said that Water and Power Development

Authority (WAPDA) would provide 67 per cent fund for the project while
remaining 37 per cent would be provided by the government. The
multi-purpose dam will be ready before the flood season of 2024 as work is in
full swing.

The local people had already transferred land for the project and it would help mitigate flooding in the area forever and also generate 800MW cheap hydel electricity.

Sources said that the contract for civil and

electro-mechanical works of Mohmand Dam Project had already been awarded to a joint
venture comprising the China Gezhouba Group of Companies (CGGC) of China and
DESCON of Pakistan.

Mohmand Dam Hydropower Project would phenomenally

contribute towards water, food and energy security of Pakistan.

They also said that the dam would go a long way in

stabilizing the national economy besides alleviating poverty and ushering in an
era of development in the project area.

Mohmand Dam Hydropower Project is historic and unique in nature being constructed on Swat River in tribal district Mohmand in Khyber Pakhtunkhwa. On completion, the project will store about 1.2 million acre feet (MAF) of water, generate 800 megawatt (MW) of low-cost hydel electricity and help mitigate floods in Peshawar, Charsadda and Nowshera.