ISLAMABAD: Pakistan-China to accelerate one of the largest projects under the CPEC initiative, according to media reports.
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.
Kalabagh, a small yet historically significant town in Pakistan’s Punjab province, is located within the…
Nazimabad Number 2 is a well-known neighbourhood in Karachi, Pakistan, renowned for its vibrant community,…
Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…
Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…
Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…
Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
