World Bank rates progress on Dasu as ‘moderately satisfactory’

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ISLAMABAD: The World Bank remains moderately satisfactory with progress on $4.1 billion Dasu hydropower project, as Pakistan struggles to end a five-year-old dispute over a land acquisition that has also put a $100 million tranche at stake. In its 10th report on series of Implementation Status and Results Report of the 2,160-megawatts Dasu hydropower project, the Washington-based lender upgraded the project rating to ‘moderately satisfactory’ – a notch above from the last rating of moderately unsatisfactory.

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