Diamer-Bhasha Dam Project’s Hydromechanical Contract Awarded to Chinese Company: WAPDA Spokesperson
Mian Nadeem
Published October 24, 2026 | 04:54 PM
Project Director Arif Ali and joint venture representative Ling Jianke signed the agreement.
LAHORE, (UrduPoint / Pakistan Point News - 24th Oct, 2026) The hydromechanical (HM-1) contract for the Diamer-Bhasha Dam Project has been awarded to the joint venture of Chinese company PowerChina and IKAN, according to a WAPDA spokesperson.
The HM-1 contract is worth Rs133.18 billion.
Arif Ali and Ling Jianke signed the contract.
WAPDA Chairman Muhammad Saeed attended the contract-signing ceremony, the spokesperson said.
The Diamer-Bhasha Dam is being built on the Indus River, 40 kilometres south of Chilas. Upon completion, it will store 8.1 million acre-feet of water and generate 4,500 megawatts of low-cost, environment-friendly hydropower.