Work on Mangala dam raising in full swing: PM
03 December, 2006
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| ISLAMABAD: Prime Minister Shaukat Aziz presides over a meeting on Mangla Dam Up-Raising at Prime Minister House. |
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ISLAMABAD: Prime Minister Shaukat Aziz has said that the work on Mangla Dam raising is going on in full swings and it will be completed by December 2007, which will give additional capacity of 2. 9 MAF water and 644 GWH additional annual power generation.
The Prime Minister was chairing a meeting here this evening to review progress of Mangla Dam raising project. A detailed briefing was given to the Prime Minister by WAPDA about physical progress on each aspect of the project.
The Prime Minister emphasized the need for timely payment of the compensation packages to the affectees. He asked the relevant authorities to take all necessary measures to ensure that alternate land is handed over to the affectees well in time.
The Prime Minister was informed that the total cost of the project is Rs. 62 billion and its economic rate of return is 18% with more than Rs. 10 billion annual return.
The Prime Minister was informed that a total amount of Rs. 26 billion would be paid to affectees as compensation for land & other works, houses and cost of resettlement works.
The Prime Minister was informed that the process of the payment of compensation packages and land allotment would be completed by the middle of 2007. Development work on new city and four small towns which are being built as part of the project is on target and these new localities will have modern infrastructure and all facilities of life.
The meeting was attended by among others by Minister for Water and Power Mr. Liaqat Ali Jatoi and senior officials.
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