WAPDA signs Rs10.8b contract with Alstom

Project will result in additional production of 310 megawatts


Our Correspondent August 29, 2016
Project will result in additional production of 310 megawatts. PHOTO: FILE

LAHORE: The Pakistan Water and Power Development Authority (Wapda) on Monday signed a contract worth Rs10.81 billion with Alstom Hydro France for the refurbishment and upgrading of six power generating units installed at the Mangla Hydel Power Station.

The contract signing ceremony was held at the Wapda House. Wapda General Manager (Hydel) Development Engineer Muhammad Arshad Chaudhry and representative of Alstom Hydro France Benoit Dhien inked the agreement.

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WAPDA Member (Power), Member (Finance), senior officers of Wapda and representatives of Alstom Hydro France and US Agency for International Development (USAID) also attended the ceremony. The Mangla refurbishment project, envisaging additional power production of 310 megawatts, will be implemented in phases, wherein the generating units will be refurbished by closing down one tunnel (two generating units) at a time.

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The first two units will be refurbished by 2018, the next two by 2019 and the other two by 2020.

The refurbishment of the remaining four units will be carried out in the next phase. The approved cost of the project is Rs52.224 billion.

USAID is providing $150 million as grant for the project while rest of the amount will be arranged by Wapda through loans.

Published in The Express Tribune, August 30th, 2016.

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COMMENTS (1)

umair | 7 years ago | Reply Is'nt this the same black listed company which was fined by the US for bribery.? http://www.dawn.com/news/1262685
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