Diamer-Bhasha dam to increase national water storage capacity from 38 days to 45: Miftah

ISLAMABAD: Minister for Finance Dr Miftah Ismail Friday said Diamer-Bhasha dam, being constructed at an estimated cost of Rs. 474 billion, would help increase national water storage capacity from 38 days to 45.

Presenting federal budget for the year 2018-19 in the National Assembly, he congratulated the nation that the government had recently approved construction of the dam, having 6.4 million acres feet live storage capacity and installed capacity of 4,500 mega watts electricity.

In the budget, the minister said, the government had proposed an allocation of Rs. 23.7 billion for the dam, while overall investment in the water sector was being increased from Rs. 36.7 billion to Rs. 79 billion.