Diamer Bhasha dam in Pakistan neither green nor cheap | The Third Pole
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Pakistan is pushing ahead with hydropower as a low-cost way of ‘greening’ its energy sector, but this ignores the latest research
For the government of Pakistan, the Diamer Bhasha dam is integral to the country’s green energy future, with hydropower playing a prominent role in its updated Nationally Determined Contribution. Construction on the 4,800-megawatt plant began in June 2020, with an estimated completion cost of USD 14 billion. It is scheduled to be finished by 2027. Recommended Pakistan’s first green bond was issued to fund the dam, raising USD 500 million by May 2021 from foreign investors. In August 2021, in a speech during the groundbreaking ceremony for the fifth extension project of the Tarbela dam, the pri
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