The government of Pakistan recently approved the project, which will provide 6.4 million acre-feet of water storage (around 7.9 billion m3) and 4.5 GW of electricity generation capacity.
The government has allocated PKR23.7 billion to complete the project.
Dewan Cement would be among the first companies to benefit from construction, as it operated the closest cement plant to the site of the project, local media said.
Pakistan’s cement producers are already benefitting from a multi-billion dollar investment in the country’s infrastructure with much of the money coming from China as part of the China-Pakistan Economic Corridor.
Total cement dispatches are up 15.1% in the financial year to day (July 2017 – April 2018). Domestic demand has provided the foundation for that growth, with exports declining as a result.
