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Diamer-Bhasha Dam project

Diamer-Bhasha Dam project: ADB urged to act as lead financier

October 19, 2012: Pakistan has requested the Asian Development Bank (ADB) to act as lead financier for $4.792 billion loan for the construction of Diamer-Bhasha Dam project designed to generate 4500 MW electricity and live water storage capacity of 6.4 million acre feet (MAF), it was learnt. Sources told Business Recorder that the ADB was requested to act as lead financier of Diamer-Basha Dam project here on Thursday by the economic team led by Finance Minister Dr Abdul Hafeez Sheikh and…

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