Basha managed a best lift of 140kg in three attempts to miss the medal.
Cong van Le, who set a world record with a successful lift of 181 kg, won the gold medal while Omar Qarada of Jordan claimed the silver medal.
Hungary's Nandor Tunkel settled for a bronze medal.
Basha is a former bronze-medallist from the 2010 Asian Para Games. His medal was upgraded to silver after the original winner flunked a dope test.