An agreement to this effect was signed between Water and Power Development Authority (Wapda) and Harpo Hydropower Consultants — a consortium of three Pakistani companies and foreign consultants — for Rs70.43 million feasibility study of the project at the Wapda House in Islamabad on Monday.
KfW banking group of Germany is providing grant for the upgradation of the feasibility study.
General Manager (Hydro) Planning Maqsood Shafique Qureshi and NDC Chief Executive Officer Chaudhry Ghulam Hussain signed the agreement on behalf of Wapda and the joint venture respectively.
The 33MW Harpo Hydropower Project will be constructed on Harpo Nullah, a left tributary of the River Indus in Rondu, 75 kilometres northwest of Skardu town and 670 kilometres northeast of Islamabad.
The project, after completion, is estimated to generate a substantial amount of low-cost electricity.
Published in The Express Tribune, December 22nd, 2010.
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