Table of Contents
DIAMER-BHASHA DAM
- Diamer Bhasha is a multi-purpose mega-dam project planned to be developed on the Indus River near Chilas, in the Khyber Pakhtunkhwa and Gilgit-Baltistan regions of Pakistan.
- This dam is in preliminary stages of construction since 1998
TIMELINE
- in 1980 there is first suggestion for construction of dam
- in 1998 Prime minister of Pakistan Nawaz Shareef inaugurated this dam project first time.
THE DAM
- India objected to the construction of the dam since it was being built on Indian land by Pakistan (PoK)
- As of August 2012, the project faced several setbacks due to major sponsors backing out from financing the project, as World Bank and Asian Development Bank both refused to finance the project as according to them its location is in disputed territory and asked Pakistan to get a NOC from neighbouring India.
FINALLY IN 2020 PAK AGREED
- Pakistan has signed a contract to start construction on the long-halted dam project in a bid to solve the country’s water and electricity shortage.
- The government signed Rs442 billion contract with a joint venture of China Power and Frontier Works Organisation (FWO) for the construction of the Diamer-Bhasha Dam.
- The dam, with a huge reservoir, is located on the Indus River, in the Diamer district of Pakistan’s Gilgit-Baltistan province, approximately 315km upstream of the Tarbela Dam and 40km downstream of the Chilas town.
DETAILS
- Chinese state-run firm China Power holds 70% and the Frontier Works Organisation (FWO), a commercial arm of the Armed Forces of Pakistan, 30% share in the consortium
- The plan is to complete this dam by 2028
HOW INDIA OUGHT TO VIEW THIS
- India has always objected to this project and still objects.
- This move by China to readily agree to be part of this dam shows completely disregard by the Chinese regarding India’s interests
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