ISLAMABAD: At last the much anticipated day has arrived when the most vital and condition of-workmanship Neelum-Jhelum hydropower venture, situated in the AJK, will begin creating 242MW power. In any case, it will be completely utilitarian by June-July and infuse 969MW power in the national network.
The task with limit of 969MW power will produce 5,150 gegawatt every hour at the levelised tax of 13.50 for each unit for a long time. The yearly advantages of the task have been evaluated at Rs55 billion. Leader Shahid Khaqan Abbasi will play out the introduction function of the task.
The Neelum-Jhelum Hydro Power Project is a world class hydro control office executed in the profound mountains where geography is neither unsurprising nor coherent.
Never in Pakistan, has such a mind boggling venture, which is stand-out and is being marked as the new ponder of Pakistan, as just 10 percent of the dam is at first glance, while 90 percent is underground with conduit framework including 52km passages. Plus, transformer halland control house are likewise underground. The India's Kishenganga Dam of 330MW has been built on a similar tributary of Neelum stream. Since the water bound for Pakistan has been occupied to the Kishenganga venture by India, in this manner 10 percent less water will stream into the Neelum waterway.
The task saw numerous changes on its approach to culmination and 86 percent of the undertaking got finished without money related conclusion. The cost of the undertaking has been amended five times. Its underlying expense was Rs80 billion yet wound up at Rs500.343 billion. The Executive Committee of National Economic Council affirmed the venture in 2002 at the cost of Rs84.502 billion. The cost of the venture scaled up to Rs277.502 billion, which the ECNEC endorsed in 2012, and after that indeed its cost surged to Rs404.331 billion of every 2015. Also, after that it again climbed to Rs500.343 billion.
The underlying expense of Rs84 billion expanded in the wake of the 2005 seismic tremor causing configuration must be changed keeping in see the blame lines going through the venture site and the extent of the undertaking was additionally expanded.
Besides, because of the rising estimation of dollar the cost heightened to over Rs277 billion. And after that the cost of the venture was changed upwards by 86 percent to Rs404 billion essentially as a result of the incorporation of obligations, charges which additionally pushed the cost to Rs500.343 billion due to the consideration of IDC (interests amid cost) till consummation of the undertaking and the cost of the specialist.
In spite of the fact that the credit goes to numerous identities in getting the undertaking finished, however there is one man - Lt (retd) General Muhammad Zubair who finished the task sans preparation with no monetary conclusion. Previous Wapda executives, Shakeel Durrani and Zafar Mehmood additionally assumed imperative parts in appearing the venture.