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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.
Four hydro power projects to attract $7.7bn investment
Published On 26 April,2021 10:01 pm
The project would provide clean energy to 5 million people and would create 4500 job opportunities.
ISLAMABAD (Dunya News) – Four hydel power projects, under the second phase of China Pakistan Economic Corridor (CPEC), would be completed at a cost of $7.7 billion in next six years, contributing 3428 MW of clean and cheap energy to the national grid.
Official in the CPEC authority said on Monday that in order to fulfill the electricity requirements and to produce atmosphere friendly clean and green energy, numerous hydel power projects with installed capacity of 3,428 MW are being completed under the second phase.
Chinese company to invest $2.4 bn in CPEC Kohala Hydel Project
April 24, 2021
The government of Azad Jammu and Kashmir, and Chinese Three Gorges Company have signed agreements related to 1124 megawatt Kohala Hydel Power Project- Implementation and Water Usage.
The project would attract a foreign investment of 2.4 billion dollars under the umbrella of China Pakistan Economic Corridor.
This was announced by CPEC Authority, Chairman, Lieutenant General (R) Asim Saleem Bajwa, on his Twitter handle.
Federal Minister of Energy Hammad Azhar, AJK Prime Minister Raja Farooq Haider and others officials were present on the occasion of signing ceremoney.
The Kohala Hydropower Project is a proposed run-of-the-river, high head project, located near Kohala, in Azad Kashmir.
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