MIRPUR, AJK - The Wapda has completed pre-qualification process of the consulting firms and joint ventures for preparation of detailed engineering design, PC-I and tender documents for 4320 MW Dasu Hydropower Project, while the pre-qualified firms have been asked to submit their technical and financial bids by January 31 , 2011, it was officially declared. Consequent upon the completion of feasibility study of the project, the Wapda received a very good response from the worlds renowned consulting firms and joint ventures with regards to its request for proposals (RFP) for preparation of detailed engineering design of the project, sources told TheNation Friday. Dasu Hydropower Project is a part of least-cost energy generation plan, being executed by the Wapda to harness indigenous hydropower resource of the country with a view to improve the ratio of hydel electricity in the national grid, they said. The project is proposed to be constructed on River-Indus, seven km upstream of Dasu village and 74 km downstream of Diamer-Basha Dam Project. Site of the project is situated at Karakoram Highway, about 350 km away from Islamabad, the sources said. The WB is providing funds, required for preparation of detailed engineering design. In another major move, the World Bank has also shown interest to provide funds during construction phase of the project. The Wapda , the sources added, also planned to construct Dasu Hydropower Project in stages. The project, on its completion, will generate 21.3 billion units of electricity per annum. Completion of the project will also have positive impact on the existing projects including Tarbela, Ghazi Barotha and Chashma, they added.