Pakistan has officially approached the Asian Development Bank (ADB) with a request for a substantial $300 million loan. The purpose of this loan is to fund the Kurram Tangi Integrated Water Resources Development project, a transformative initiative that seeks to address several critical challenges in the country. This proposed project, if approved, has the potential to create a positive ripple effect across Pakistan’s energy, water, and food security sectors.
According to information gleaned from the project documentation released by the ADB, it is anticipated that the loan will receive the green light sometime in the year 2024. The project’s core objective is to contribute directly to Pakistan’s National Poverty Reduction Strategy, primarily focusing on two strategic pillars: “Increasing productivity and value addition in agriculture” and “Integrated Energy Development Programme.”
At the heart of this ambitious endeavor lies the construction of a colossal 95-meter-high dam, designed to have an impressive water storage capacity of approximately 1,480 million cubic meters. The dam will stand majestically on the Kurram River, becoming a symbol of Pakistan’s commitment to harnessing its water resources responsibly and sustainably. This multi-faceted project also includes the establishment of three small hydroelectric powerhouses. Once operational, these powerhouses are projected to generate an impressive 65MW of hydropower.
However, the scope of the Kurram Tangi project...
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