WAPDA Grilled Over Hydel Project Delays, Soaring Costs Amid PKR Depreciation

WAPDA Grilled Over Hydel Project Delays, Soaring Costs Amid PKR Depreciation

WAPDA faces scrutiny for delays in projects like Dasu Dam (31% complete, due 2027), Mohmand Dam, and Tarbela 5th Extension, citing land acquisition, COVID-19, and design changes. Delays have led to substantial cost increases, with the dollar value rising from PKR 100-120 to PKR 279-280 since agreements were signed, highlighting a lack of accountability. These project delays and escalating costs could further strain Pakistan's economy and national debt, potentially contributing to continued inflationary pressures and volatility in the USD/PKR exchange rate, influencing local gold prices.

بحوالہ / Source: www.brecorder.com