According to the plan, around 13,000MW hydel electricity would be added under a medium-term plan of five to seven years. ILLUSTRATION: JAMAL KHURSHID
In what can be termed as a significant development towards construction of the 122 megawatt (MW) Keyal Khwar Hydropower Project, the German Development Bank-KfW has issued a No Objection Certificate (NOC) to the Pakistan Water and Power Development Authority (Wapda) for award of its civil works contract to a joint venture led by a Chinese firm Sinohydro.
Keyal Khwar Hydropower Project is located on a tributary of Indus River, in Dasu district of Khyber-Pakhtunkhwa.
The project is scheduled to be completed in four years. On completion, it will provide 426 million units of low-cost hydel electricity to the national grid.
It is pertinent to mention that KfW and European Investment Bank (EIB) are providing €97 million and €100 million respectively for construction of the hydropower project.
According to the plan, around 13,000MW hydel electricity would be added under a medium-term plan of five to seven years.
Published in The Express Tribune, January 29th, 2014.
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Just 4 years ! , Good News