ISLAMABAD : Diamer-Bhasha Dam project on River Indus is a "lifeline" for national economy, which will go a long way in meeting country's future agricultural and electricity requirements. Talking to APP on Monday, a spokesman of Ministry of Water and Power said Diamer-Basha Dam has three important objectives, including flood control, power generation and storage of water. He said the gigantic project will generate 4500 megawatts electricity and store over eight million acre feet of water to meet the country's growing power and irrigation needs. He said the dam will also enhance life of the Tarbela Dam by over thirty five years.