World Bank refuses to fund Bhasha Dam: Wapda

Wapda officials said the World Bank refused to fund Bhasha Dam because of Indian concerns.


Express July 02, 2010

Water and Power Development Authority (Wapda) officials said the World Bank refused to fund Bhasha Dam because of Indian concerns.

They said the World Bank was of the opinion that Gilgit-Baltistan is a disputed territory and hence it could not fund any projects there.

This was said during a meeting between Wapda officials and the National Assembly Standing Committee on Inter-coordination.

Wapda officials also said Pakistan's water reserves were dwindling and had decreased from 15.8 million acre feet to 11.6 million acre feet. They said the storage capacity of Mangla Dam had reduced by 15 per cent, Tarbela Dam by 30 per cent and Chashma Barrage by 63 per cent.

COMMENTS (4)

sobriquet | 11 years ago | Reply @Luqman Khawaja: The problem is elsewhere. Today there are nearly three times more people in Pakistan as there were in 1947. The way the population is developing, in the next 50 years there will be at least five times more people than there were 60 years ago (in West Pakistan), while due to climate change, the fresh water resources will shrink. Good luck. + @Mir, you should speak a little louder so that the deaf can hear you in Pakistan.
Asim Kaleem | 11 years ago | Reply What the hell is this world bank doing .......... they stopped funding for Thar coal project because its coal based and reason is the world is not supporting carbon emitting energy projects...... Now this one is hydel project ......... so because of Indian objection they are not helping ......... what about India's Bhagliar and other similar project ......... they should also raise voice as these projects are in conflicted region ........ Pakistan should realize that all these big donor agencies have indian influences as almost 50% of the employees are indian nationals and we must have to look for alternate options as they will never support those projects which help gets Pakistan economy better ...
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