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Proposed Project for USAID - Wapda

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CURRENT DEMAND<br />

The project was placed in the FODP conference, wherein the Donors assured their commitment to fund<br />

this project. Middle East Donors, particularly Islamic Development Bank (IDB)/Saudi Fund and Kuwait<br />

Fund, has consented <strong>for</strong> a financial assistance of US$ 2 billion whereas Supplier’s Credit will be<br />

available <strong>for</strong> US$ 2.5 billion <strong>for</strong> the supply of electro-mechanical equipment. WAPDA expects US$ 1.0<br />

billion shortfall in its financing plan and accordingly <strong>USAID</strong> is requested to extend US$ 1.0 billion<br />

Financial Assistance <strong>for</strong> this project over a period of five years <strong>for</strong> the execution of initial civil works and<br />

land acquisition <strong>for</strong> this mega project. Keeping in view the urgency of the situation, an amount of US$<br />

200 million is required on priority basis <strong>for</strong> the year 2011-12 is requested.<br />

FUTURE FINANCING PHASING<br />

Financial Year Rs. Billion US$ Million<br />

2011-12 17.0 200<br />

2012-13 34.0 400<br />

2013-14 34.0 400<br />

DIAMER BASHA DAM STAKEHOLDERS SEMINAR<br />

19

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