
ISLAMABAD: The Water and Power Development Authority (WAPDA) has signed a contract worth Rs52.5 billion with a joint venture of General Electric Hydro China and Power China Zhongnan Engineering Corporation for electro-mechanical works of the Dasu hydropower project (stage-I).
The contract was signed by Dasu Hydropower Project General Manager and Project Director Anwar ul Haque and GEHC Deputy General Manager Aijun Xu on behalf of their respective sides at a ceremony on Monday.
The ceremony was also attended by French Ambassador Marc Barety, World Bank Country Director Illango Patchamuthu, Chinese and US diplomats, Water Resources Secretary Mohammad Ashraf and WAPDA Chairman (r) Lt Gen Muzammil Hussain.
The contract entails design, supply and installation of six Francis turbines, generators, main transformers and generator and station service switchgear, along with related equipment.
The WAPDA chairman lauded the contract as vital to the completion of the Rs510 billion hydropower project and stressed the importance of adding a major quantum of hydel electricity to the national grid which would reduce dependency on the expensive thermal generation and help lower power tariff.
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