Pakistan, World Bank to Fast-Track Dasu Hydropower Project

Pakistan and the World Bank have reaffirmed their commitment to accelerating the implementation of the Dasu Hydropower Project, a cornerstone initiative aimed at addressing the country’s energy crisis. This agreement comes as Pakistan faces mounting energy demands and seeks sustainable solutions to power its growing economy.

The Dasu Hydropower Project, situated on the Indus River, is a critical part of Pakistan’s strategy to harness renewable energy resources. With a projected capacity of thousands of megawatts, the project promises to significantly boost the national grid while reducing dependence on costly fossil fuels.

The decision to expedite the project reflects a shared urgency between Pakistan and the World Bank to overcome delays caused by administrative bottlenecks, land acquisition issues, and global economic uncertainties. By streamlining processes and improving coordination, both parties aim to ensure timely completion and optimal functionality of the project.

This initiative is expected to generate not only clean energy but also thousands of jobs, uplifting local communities and contributing to the country’s economic development. Additionally, it aligns with Pakistan’s broader goals of achieving energy independence and meeting climate change commitments.

The collaboration marks a significant milestone in Pakistan’s energy sector, highlighting the importance of international partnerships in driving progress. With renewed momentum, the Dasu Hydropower Project is poised to illuminate Pakistan’s future with sustainable and affordable energy.
NEWS DESK
PRESS UPDATE