ADB, WAPDA discuss financial assistance for water, hydropower projects
LAHORE – A 13-member Asian Development Bank (ADB) Mission, headed by Country Director, Progress Review Mission Yong Ye, called on Chairman WAPDA, Engr Lt Gen (Retd) Sajjad Ghani and discussed financial assistance for water and hydropower projects.
The Mission is on a visit to Pakistan for conducting Country Portfolio Review. It was a wrap-up meeting of the Mission with the Chairman about water and hydropower projects. The matters relating to financing of WAPDA projects, Kurram Tangi Dam Stage-II, Naulong Dam and Pattan Hydropower Project in particular, were discussed during the meeting.
Member (Finance), Member (Water), GM (C&M) Water, GM (Hydro) Planning, GM (Projects) South and GM (Projects) North also attended the meeting.
The Mission was briefed about the development portfolio of WAPDA. It was briefed that WAPDA is pursuing medium to long-term green strategies for sustained economic growth through water, food and energy adequacy. It was highlighted that WAPDA’s operations are aligned with the United Nations Sustainable Development Goals (UNSDGs). The Mission was also briefed about the status of Naulong Dam, Kurram Tangi Dam Stage-II and Patan Hydropower Project. In addition, Mohmand Dam, Diamer Basha Dam, Dasu Hydropower Project Stage I&II and Atta Abad Lake Hydropower Project were also presented to the Mission for consideration of financial assistance by the ADB.
Chairman WAPDA expressed the hope that ADB will also provide financial assistance for the projects which are included in its development portfolio.