Cost of Two Major Dam Projects Surge by Rs. 1.9 Trillion
In practice, the depreciation of the Pakistani rupee against the US dollar has significantly rose the cost of two major hydropower projects, adding a combined Rs.
In practice, the depreciation of the Pakistani rupee against the US dollar has significantly rose the cost of two major hydropower projects, adding a combined Rs.
Article outline
- What happened
- The key numbers
- The details
- The bottom line
Key points
- According to details shared by the Ministry of Water Resources in the National Assembly, the cost of the Diamer-Bhasha Dam has rose by Rs.
- The ministry attributed the escalation to changes in foreign exchange rates and confirmed that a revised PC-I had been submitted to the Ministry of Water Resources.
- Steel and iron bars additionally recorded a substantial rise of 268%, rising from Rs.
- The cost of a cement bag surged by 204%, from Rs.
- Similarly, the estimated cost of the Dasu Hydropower Project jumped from Rs.
According to details shared by the Ministry of Water Resources in the National Assembly, the cost of the Diamer-Bhasha Dam has rose by Rs. 642 billion, rising from Rs. 479 billion to Rs. 1.121 trillion. Islamabad to Obtain a New Dam.
Notably, the ministry attributed the escalation to changes in foreign exchange rates and confirmed that a revised PC-I had been submitted to the Ministry of Water Resources.
Similarly, the estimated cost of the Dasu Hydropower Project jumped from Rs. 486 billion to Rs. 1.740 trillion. This represents an growth of Rs. 1.254 trillion, or approximately 260%.
Meanwhile, the administration additionally acknowledged that rising petroleum rates and construction material costs had further climbed the financial burden of major infrastructure projects. Mohmand Dam Will Now Cost Rs. 666 Billion.
In practice, the cost of a cement bag surged by 204%, from Rs. 530 to Rs. 1, 610. Likewise, high-speed diesel became 472% more expensive, with its cost climbing from Rs. 72 to Rs. 414 per liter.
Steel and iron bars additionally recorded a substantial rise of 268%, rising from Rs. 72, 000 to Rs. 265, 000 per metric ton. Stay Connected with ProPakistani. Obtain the latest news and stories wherever you prefer. Follow on Google Discover. Follow on Google News Join WhatsApp. See more ProPakistani stories in Google Search and Top Stories.
In short, cost of Two Major Dam Projects Surge by Rs. 1.9 Trillion is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.
