Tarbela Dam Project Cost Goes Over-Budget By Rs. 23,400 Crore

Tarbela Dam Project Cost Explodes by Rs. 23,400 Crore 282% Over Budget!

The cost of Pakistan’s Tarbela 5th Extension Hydropower Project has reportedly surged by a staggering 282 percent, rising from the originally approved Rs. 82 billion to an estimated Rs. 316 billion. The sharp increase has raised serious questions about project management, financial planning, transparency and oversight. The escalation is particularly concerning as the project has also faced delays and structural setbacks at the construction site.…

Tarbela Dam Project Cost Goes Over-Budget By Rs. 23,400 Crore

The cost of the Tarbela 5th Extension Project has jumped 282 percent, rising by Rs. 234 billion from Rs. 82 billion to Rs. 316 billion, despite serious concerns over the project’s management, oversight and previous structural failures. The Executive Committee of the National Economic Council (ECNEC), chaired by Deputy Prime Minister Ishaq Dar, approved the revised project as part of a package of 16 development schemes worth Rs. 1.15 trillion. Th…