ISLAMABAD – In a major development, the federal government has approved the Dasu Hydropower Project worth Rs. 1.74 trillion, aiming to enhance Pakistan’s electricity generation and water management capabilities.
The project, which is a key component of the country’s long-term energy strategy, is expected to generate thousands of megawatts of clean and affordable electricity. It also includes critical components to improve water storage and irrigation systems, addressing both power shortages and agricultural challenges in the country.
Officials stated that the Dasu Hydropower Project will be implemented in multiple phases, with the first phase focusing on power generation and the second on expanding irrigation infrastructure. The project is being developed under the supervision of the Water and Power Development Authority (WAPDA) and is supported by international financial institutions, including the World Bank.
Prime Minister Shehbaz Sharif hailed the approval as a “milestone achievement” that will not only boost economic growth but also help reduce reliance on expensive imported fuel. He added that the project will create thousands of job opportunities and play a crucial role in Pakistan’s transition toward renewable energy.
Experts believe the Dasu project will be a game changer for Pakistan’s water and energy sectors, easing pressure on the national grid and improving agricultural productivity in downstream areas.
Construction work is expected to begin later this year, with authorities promising strict monitoring to ensure timely completion and transparency.