Lahore: A Design Engineering Services & Construction Limited (DESCON)-led group has received the green signal to initiate work on the Mohmand Dam Hydropower project, a news source reported.
After a comprehensive bidding and evaluation process, the Water & Power Development Authority (WAPDA) cleared the contract. This Joint Venture (JV) of the China Gezhouba Group Company Limited and DESCON will begin civil and electro-mechanical work on the Mohmand Dam project in March 2019. WAPDA has also asked the project authorities to issue a Letter of Acceptance (LoA).
A formal awarding ceremony in this regard is also expected soon.
An official from the Ministry of Water and Power said that WAPDA aims to achieve cost reductions. The authority is currently negotiating with the contractor for this purpose. An announcement to this effect is expected during the contract-signing event.
