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WAPDA inks contract for reforms study | The Express Tribune – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

WAPDA inks contract for reforms study | The Express Tribune

WAPDA inks contract for reforms study | The Express Tribune
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LAHORE:

In a significant step towards institutional excellence and modernisation, the Water and Power Development Authority (Wapda) has signed the Institutional Assessment and Reforms Consultancy (IARC) contract with a consortium led by Ginger Sofreco (France), GME (Uruguay) and Warm Waters Advisory (Pakistan).

The initiative underscores Wapda’s commitment to adopting international best practices, optimising operations and ensuring sustainable development.

The contract signing ceremony was presided over by Wapda Chairman Engineer Lt Gen (Retd) Sajjad Ghani and attended by senior members of the authority, along with representatives of the consultancy firms, according to a Wapda statement issued on Saturday.

Speaking on the occasion, General Manager (Hydro) Planning Dr Khawar Munir highlighted the significance of the initiative undertaken by Wapda. “This reforms study is not just a project, it is a commitment to embrace innovation, modernise operations and ensure sustainable development through strong institutional reforms,” he said.

IARC is a World Bank-funded project having total value of Rs1.14 billion. The IARC endeavour is designed to thoroughly evaluate Wapda’s organisational structures, functions and resources.

This comprehensive assessment will provide insights into the organisation’s strengths and areas for improvement, ensuring a clear path towards enhanced efficiency and effectiveness.

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