Pakistan and China on May 13, 2020 signed a Rs 442-billion contract with a joint venture formed by China Power and the Frontier Works Organisation (FWO), a commercial arm of the Pakistani military, for constructing the Diamer-Bhasha dam.
- The Diamer-Bhasha Dam is proposed on the Indus River.
- The eight million acre feet reservoir with a height of 272 metres is set to be the world’s tallest roller compact concrete (RCC) dam.
- India on May 14, 2020 opposed a move by Pakistan and China to build a major hydropower plant in the Gilgit-Baltistan region, saying it has shared its concerns regarding such projects with both countries.
- The completion of the dam would increase Pakistan’s storage capacity from 30 to 48 days and make power generation facilities an attractive future investment by the private sector to add 4,500MW of additional electricity to the national grid,