GENEVA: The Karot Hydropower Project, part of the China-Pakistan Economic Corridor (CPEC) and financed by China’s Silk Road Project, will generate clean energy for around five million people in Pakistan once completed, said Zhou Taidong, from the China Centre for International Knowledge on Development.
The project, a run-of-the-river dam with an installed capacity of 720 MW, is currently under construction on River Jhelum near Karot village and is scheduled to be up and running by next year.
Zhou was attending a seminar of the 8th Session of the United Nations Business and Human Rights Forum focusing on ‘sustainable infrastructure’. He stated that his government is actively engaged in promoting green development of its partner countries including Pakistan involved in the multi-billion dollar Belt and Road Initiative (BRI).
BRI is a colossal global initiative taken by China to invest in infrastructural development in 152 countries and is set to be completed by 2049.
“BRI has delivered better lives to peoples of different countries,” said Zhou.“The 82 economic and trade cooperation zones within BRI framework have created nearly 300,000 local jobs.
For more news and blogs, visit Graana.com.
Quetta: Uzbekistan’s Ambassador to Pakistan, Ali Sher, has reiterated his country’s dedication to enhancing trade…
Islamabad is set to witness the construction of its first-ever cricket stadium as authorities push…
Islamabad, Pakistan — A government task force on housing sector development has put forward a…
In a significant expansion beyond its home market, Abu Dhabi’s Modon Holding has announced its…
The federal government of Pakistan is ramping up its efforts to transform the socio-economic landscape…
In recent years, the Costa del Sol in southern Spain has become a prime destination…
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.
