WIONIslamabad, Islamabad Capital Territory, PakistanSep 11, 2016, 07.30 AM
The World Bank has turned down a Chinese firm's plea to intervene in a bidding process for the construction of 4,320MW Dasu hydropower project on the Indus River, Pakistan daily The Express Tribune reported today.
The objective of the Dasu hydropower project is to faciliate the expansion of electricity supply in Pakistan, according to World Bank's Project Overview.
Chinese firm Messrs Power Construction Corporation of China Limited (PCCCL) is eyeing a contract for the construction of the civil works required for main dam structure on the Indus River to raise the water level and thus create energy for running the power generating turbines and generators.
The project is likely to improve socio-economic services for people residing in that area. It will also be a stepping-stone for future hydro-power projects by the Water and Power Development Authority’s (WAPDA’s).
The International money lending bank has, however, advised PCCCL to approach the Pakistan government and WAPDA for permission to bid, according to The Express Tribune.
Earlier, Pakistan's top court had asked WAPDA "not to publicise the result of the pre-qualification of the bidding for the project", according to the Pakistan daily.
Pakistan's Supreme Court, on August 25, had allowed PCCCL to approach the World Bank with an appeal against WPADA's decision of removing it from obtaining the contract of civil works, to construct the 'main hydraulic structure' which is the first component of the project.
Without the hydraulic structure, the water level will not rise and power will not be generated stated World Bank's project review.