Wapda inks Rs133bn deal for Diamer-Bhasha Dam project

LAHORE: The Pakistan Water and Power Development Authority (Wapda) signed an agreement on Saturday with the Power China-IKAN Joint Venture for the Rs133.18 billion hydro-mechanical (HM-1) contract for the Diamer-Bhasha Dam project. According to a Wapda spokesperson, the agreement was signed at Wapda House by Diamer-Bhasha Dam Project Chief Engineer and Project Director Arif Ali on behalf of the authority and Ling Jianke, the authorised representative of the joint venture. Wapda Chairman retired Lt Gen Muhammad Saeed, the authority’s members for finance, water and power, the chief executive…