The Almatti Dam(Kannada:ಆಲಮಟ್ಟಿ ಅಣೆಕಟ್ಟು) is a dam project on the Krishna River in North Karnataka, India which was completed in July 2005. The annual electric output of the dam is 713,000,000 kilowatts (KW).

The Almatti Dam is the main reservoir of the Upper Krishna Irrigation Project; the 290 megawatt (MW) power project is located on the right side of the Almatti Dam. The facility uses vertical kaplan turbines: five 55MW generators and one 15MW generator. During the initial stages of the project, estimated costs were projected as Rs.1470 crores, but following the transfer of project's management to the Karnataka Power Corporation Limited (KPCL), the estimated cost was reduced by over fifty percent to Rs.674 crores. The KPCL eventually completed the project at an even lower cost of Rs.520 crores^]. The entire dam was finished in less than forty months, with construction ending in July 2005. The dam is located on the edge of Bijapur and Bagalkot districts. Geographically, it is located in the Bijapur district, but large areas of Bagalkot district have also been submerged due to filling of the reservoir. The dam holds a storage capacity of 42.19TMC of water.

The height of Almatti dam was originally restricted to 52.26 meters by the supreme court of India.The Krishna River conflict between Andhra Pradesh, Karnataka, and Maharastra was resolved by the Brijesh Kumar Tribunal and the dam was authorised to be raised to the height of 52.4 meters.

Seven terrace gardens have been developed as a picnic spot in the dam area. Boating, musical fountains, and stagnant fountains have been set up in the area. On one side of the dam, a garden named "Rock hill" has an artificial forest with ceramic wild animals and birds and many idols representing village life in India.