$1.9 billion hydropower project under CPEC to pick up the pace

ISLAMABAD: Pakistan-China to accelerate one of the largest projects under the CPEC initiative, according to media reports.

invest with imarat

Islamabad’s emerging city centre

Learn More

The run-of-river project, Suki Kinari Hydropower Project, is being established alongside the Kunhar River in Khyber Pakhtunkhwa.

One of the largest private sector power development projects, Suki Kinari Hydropower is part of CPEC “Early Harvest” projects. The $1.9 billion project is being built on Build-Operate-Transfer (BOT) model. The BOT model entails that the China Gezhouba Group Corporation (CGGC) will transfer the project to the KP government after operating it for 30 years.

Kunhar River’s power generation potential was first explored in the 1960s but wasn’t materialised. The agreement of construction of a dam on the river was signed by the KP government with SK Hydro Power Ltd and the Industrial and Commercial Bank of China in 2016 that actualised the project.

It has been reported that around 41.85% of construction work has been completed.

Maham Tahir

Recent Posts

Baghbanpura Bazar: A Historic Market in Lahore

Lahore, known as Pakistan's cultural and historic heart, is home to numerous ancient sites, bustling…

13 mins ago

Garha Mor: A Notable Landmark in Vehari City

Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…

1 day ago

Aslam Market Wah Cantt: Pleasure of Shopping & Dinning

Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…

2 days ago

Abid Market Lahore: An Iconic Shopping Landmark

Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…

3 days ago

CDA Chairman Urges Rapid Completion of Major Islamabad Interchanges

ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…

3 days ago

IMARAT Announces Launch of Pakistan’s Largest Sharia-Compliant REIT – A New Era of Real Estate Investment

Islamabad, Pakistan— IMARAT Group, a leading real estate developer and innovator in Pakistan, announces the…

3 days ago