Revised cost estimates of Salma Dam Project in Afghanistan


New Delhi: The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the reconstruction and completion of Salma Dam Project in Afghanistan at the Revised Cost Estimates (RCE) of Rs.1775.69 crore.

The project is scheduled to be completed by June, 2016. M/s. WAPCOS, a central Public Sector Unit under the Ministry of Water Resources, is executing the project.

The availability of power and water through the project upon its successful completion will lead to the overall economic development of the western region of Afghanistan and generate goodwill for India in Afghanistan. The completion of this project will address the energy requirements and irrigation needs of western Afghanistan.

The foreign exchange rate variation between Indian rupee and US dollar, increase in consultancy charges due to extended period of project completion, escalation, training of Afghan personnel etc. have necessitated revision in the project cost.

Source: PIB


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