ghazi52
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Pakistan inks $2.4 billion tripartite agreement for construction of Kohala Hydropower Project
ISLAMABAD: Pakistan signed a tripartite agreement on Thursday with the government of China and a Chinese company for the building of a 1,124 megawatt hydropower project in Kohala costing $2.4 billion.
Prime Minister Imran Khan, Azad Jammu and Kashmir Prime Minister Raja Farooq Haider, federal cabinet members, Chinese Ambassador in Pakistan Yao Jing, the China Pakistan Economic Corridor (CPEC) authority, Chairman Lt Gen (retd) Asim Saleem Bajwa and representatives of the Chinese company attended the signing ceremony.
The Kohala Hydropower Project, being built on Jhelum River in AJK under CPEC, has been awarded to Kohala Hydropower Company Ltd (KHCL), which is a subsidiary of China Three Gorges Corporation (CTGC).
It is the largest power sector investment of $2.4 billion in a single Independent Power Producer (IPP).
ISLAMABAD: Pakistan signed a tripartite agreement on Thursday with the government of China and a Chinese company for the building of a 1,124 megawatt hydropower project in Kohala costing $2.4 billion.
Prime Minister Imran Khan, Azad Jammu and Kashmir Prime Minister Raja Farooq Haider, federal cabinet members, Chinese Ambassador in Pakistan Yao Jing, the China Pakistan Economic Corridor (CPEC) authority, Chairman Lt Gen (retd) Asim Saleem Bajwa and representatives of the Chinese company attended the signing ceremony.
The Kohala Hydropower Project, being built on Jhelum River in AJK under CPEC, has been awarded to Kohala Hydropower Company Ltd (KHCL), which is a subsidiary of China Three Gorges Corporation (CTGC).
It is the largest power sector investment of $2.4 billion in a single Independent Power Producer (IPP).