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The rehabilitation work, planned to be carried out with an approved PC-I cost of Rs22.25 billion, aims to overcome the aging problems, regain the capacity loss of 50MW with reliable annual energy generation of 1.14 billion units, upgrade and modernise the old system and achieve another life cycle of 30 to 40 years, officials told APP on Friday.
They said that German financial institution KfW and French Development Agency (AFD) were providing loan to the tune of 40 million Euro each, while European Investment Bank (EIB) was giving 50 million Euro.
Published in The Express Tribune, December 10th, 2016.
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