ISLAMABAD — In a monumental move to address long-term water storage and clean energy deficits, the federal government has finalized plans to allocate a massive Rs1.424 trillion project for the power generation phase of the Diamer-Bhasha Dam in the upcoming Public Sector Development Programme (PSDP) for FY2026-27. Planning Ministry officials noted that adding this foundational hydro-infrastructure asset to the national budget framework will significantly boost localized engineering employment. Over the next decade, the project is designed to inject thousands of megawatts of cheap, base-load electricity directly into the national grid while serving as a strategic buffer against climate-induced water shortages.
