PM Gilani lays foundation stone for Diamer-Bhasha Dam

ISLAMABAD: In an attempt to reduce the prevailing energy crisis in the country, Prime Minister Yousuf Raza Gilani on Tuesday laid the foundation stone of the Diamer Bhasha Dam in Gilgit-Baltistan.

The dam is being built about 40 kilometres from Chilas on the Indus River and will have a capacity of producing 4,500 megawatts of electricity.

The construction of the dam will cost around $11.17 billion and can store around 8.1 million acre-foot of water. The dam will provide more than 6.4 million acre-foot of water to irrigate a large area of agricultural land.

After the foundation stone laying ceremony, the prime minister addressed a public gathering and said that the dam construction would open many jobs and contribute to the economic uplift of Gilgit-Baltistan.

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