Lahore, November 23, 2012 (PPI-OT): The Pakistan Water and Power Development Authority (WAPDA) Chairman Raghib Shah has said that the contract for civil works of the 1410 mega watt (MW)-Tarbela 4th Extension Project is likely to be awarded in March 2013, as pre-qualification process of the construction firms is almost complete.
During his maiden visit to the project as Chairman, Mr. Shah said that gigantic Tarbela Dam has been instrumental in economic development and social uplift of the country since its completion in mid 1970s.
Benefits of the project will significantly increase, as electricity generation capacity of Tarbela Hydel Power Station will rise to 4888 MW from the existing 3478 MW with implementation of its 4th extension, for which World Bank is providing US$840 Dilating upon the pace of work, the Chairman said that pre-qualification process of the firms for electro-mechanical works of the project will also be completed in the shortest possible time.
He expressed satisfaction over the phenomenal response of the reputed firms from all over the world for Tarbela 4th Extension Project. This over whelming response reflects their confidence in WAPDA and Government of the Pakistan for water and hydropower projects, he added.
The Tarbela 4th Extension Project is a part of least-cost power generation strategy of WAPDA aimed at adding a sizeable quantum of electricity to the National Grid to mitigate power shortages and improving the ratio of low-priced hydel electricity in the overall system to stabilise the power tariff.
On completion, Tarbela 4th Extension Project will provide about 3.84 billion units of electricity to the national grid every year. Annual benefits of the project have been estimated at more than Rs.30 billion. The project will pay back its cost in a short span of just three years.
For more information, contact:
Muhammad Abid Rana
Director Public Relations
Water and Power Development Authority (WAPDA)
G-32, WAPDA House, Lahore
Tel: +9242 9920 2633 and +9242 9920 2211 -2033 -2029
Cell: +92333 445 8293