IHC upholds Munda Dam project contract

Islamabad: The Islamabad High Court rejected a plea for a stay order against construction of Munda Dam hydro-project and upheld the Federation's decision to award the contract to Water and Power Development Authority (Wapda). The decision, written by Justice Mohammad Munir Paracha, was announced by the single bench of Chief Justice Sardar Mohammad Aslam.

Munda Hydro-Power Company Ltd and AMZO an American company had filed a civil suit for US $1.2 billion against Wapda, Private Power Infrastructure Board (PPIB) and the governments of Pakistan and NWFP.

Senior Advocate Abdul Hafeez Pirzada, counsel for the companies, had apprised the Court that in May 2004, the Government of Pakistan issued Letter of Interest to a US Company, Amzo Corporation LLC for carrying out the feasibility study.