Lahore, October 21, 2012 (PPI-OT): A seven-member delegation of the Asian Development Bank (ADB) Board of Directors, headed by the Executive Director Maurin Sitorus, called on the Pakistan Water and Power Development Authority (WAPDA) Chairman Raghib Shah here at WAPDA House today to discuss matters relating to the projects being implemented by WAPDA in water and hydropower sectors.
ADB Country Director Werner E. Liepach and WAPDA Member (Power) Muhammad Qasim Khan were also present on the occasion.
Giving a run down of the on-going and future schemes, the Chairman said that WAPDA, in view of increasing needs of electricity and water in the country, is working on over 20 large and medium-sized projects with cumulative power generation capacity of more than 20,000 MW and water storage capacity of about 12 million acre feet (MAF).
WAPDA plans to add 6,000 MW low-cost hydel electricity within next five years, and another 14,000 MW by the year 2020, he added. Mr. Shah said that in addition to utilising local financial resources, the investment and the assistance by various international financial institutions is also of immense importance in implementation of these projects.
The ADB delegation said that the bank had been supportive of the projects in water and power sectors in Pakistan, adding that they would continue their cooperation to the Government of Pakistan and WAPDA for the future projects as well.
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