{"id":76861,"date":"2021-06-11T09:13:48","date_gmt":"2021-06-11T04:13:48","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=76861"},"modified":"2021-06-11T09:13:55","modified_gmt":"2021-06-11T04:13:55","slug":"ksa-pkr-37-4-bn-mohmand-dam","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ksa-pkr-37-4-bn-mohmand-dam.html","title":{"rendered":"KSA approves PKR 37.4 bn for construction of Mohmand Dam"},"content":{"rendered":"\n<p>Islamabad: The Kingdom of Saudi Arabia (KSA) authorised PKR 37.4 billion for the building of the 800MW Mohmand Dam on Wednesday, according to news sources.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/koto-hydropower-project.html\" target=\"_blank\" rel=\"noreferrer noopener\">Koto hydropower project to be finished by December<\/a><\/p>\n\n\n\n<p>The KSA Ambassador in Pakistan, Nawaf bin Saeed Al-Malkiy, stated that the Saudi Fund for Development (SFD) is available at a 2% interest rate with a 25-year payback period. The Saudi Ambassador offered Pakistan help at all levels in order to improve commercial ties.<\/p>\n\n\n\n<p>The dam is currently being built on the Swat River in Mohmand district, Khyber Pakhtunkhwa, by the Water and Power Development Authority (WAPDA). The aforementioned project will irrigate 16,000 acres of land while also encouraging agriculture in the area. The project was authorised in March 2019 at a cost of USD 2.2 billion, and the foundation was poured in May 2019. The commissioning date is set for July 2024.<\/p>\n\n\n\n<p>Furthermore, Minister of Economic Affairs Omar Ayub stated that the dam will increase the region&#8217;s energy security and <a href=\"https:\/\/www.zameen.com\/news\/psdp-funds-hydropower-water.html\" target=\"_blank\" rel=\"noreferrer noopener\">hydroelectric<\/a> potential. Mr Ayub told the media that the administration is focusing on the creation of ecologically clean and economical energy.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/daducha-dam-worth-pkr-7-bn-fast-reaching-completion.html\" target=\"_blank\" rel=\"noreferrer noopener\">Daducha Dam worth PKR 7 bn, fast reaching completion<\/a><\/p>\n\n\n\n<p>The Mohmand dam is expected to resolve the flooding problem in Charsadda, Naushera, and Peshawar areas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Kingdom of Saudi Arabia (KSA) authorised PKR 37.4 billion for the building of the 800MW Mohmand Dam on Wednesday, according to news sources. Read: Koto hydropower project to be finished by December The KSA Ambassador in Pakistan, Nawaf bin Saeed Al-Malkiy, stated that the Saudi Fund for Development (SFD) is available at a 2% interest rate with a 25-year payback period. The Saudi Ambassador offered Pakistan help at all levels in order to improve commercial ties. The dam is currently being built on the Swat River in Mohmand district, Khyber Pakhtunkhwa, by the Water and Power Development Authority (WAPDA). The aforementioned project will irrigate 16,000 acres of land while also encouraging agriculture in the area. The project was authorised in March 2019 at a cost of USD 2.2 billion, and the foundation was poured in May 2019. The commissioning date is set for July 2024. Furthermore, Minister of Economic Affairs Omar Ayub stated that the dam will increase the region&#8217;s energy security and hydroelectric potential. Mr Ayub told the media that the administration is focusing on the creation of ecologically clean and economical energy. Read: Daducha Dam worth PKR 7 bn, fast reaching completion The Mohmand dam is&hellip;<\/p>\n","protected":false},"author":83,"featured_media":63632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[7146,46233,7680,2447],"persona":[],"class_list":{"0":"post-76861","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-hydropower-project","9":"tag-ksa-approves-pkr-37-4-bn-for-construction-of-mohmand-dam","10":"tag-mohmand-dam","11":"tag-wapda","12":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KSA approves PKR 37.4 bn for Mohmand Dam - Zameen News<\/title>\n<meta name=\"description\" content=\"The dam is currently being built on the Swat River in Mohmand district, Khyber Pakhtunkhwa, by the Water and Power Development Authority (WAPDA).....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/ksa-pkr-37-4-bn-mohmand-dam.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KSA approves PKR 37.4 bn for Mohmand Dam - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The dam is currently being built on the Swat River in Mohmand district, Khyber Pakhtunkhwa, by the Water and Power Development Authority (WAPDA).....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ksa-pkr-37-4-bn-mohmand-dam.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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