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China, Pakistan Sign Kohala Hydropower Agreements
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ISLAMABAD, April 27 (Gwadar Pro)―Four hydel projects worth USD$7.7 billion under the China-Pakistan Economic Corridor (CPEC) will resolve Pakistan’s energy crises, the CPEC Authority said.
The CPEC Authority said that the projects will be completed within the next six years, contributing 3428 Megawatts of clean and cheap energy to the national grid.
The projects would help generate thousands of new jobs besides providing affordable clean electricity to the consumers, said a CPEC Authority spokesperson on Monday afternoon.
He said in order to meet the power demand and produce atmosphere friendly and green energy, numerous hydel power projects with installed capacity of 3,428 MW were being completed in the second phase.