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.
KARACHI: The Sindh government is set to launch the Lyari Transformation Project this year to…
Islamabad: The Capital Development Authority (CDA) has added two major infrastructure initiatives to its latest…
Islamabad / Northern Pakistan: A 5.6 magnitude earthquake struck parts of northern Pakistan on Friday,…
Islamabad: National Highway Authority (NHA) Chairman Muhammad Sheheryar Sultan has announced that the authority has…
Lahore: In a landmark development, the Punjab Environment Department has issued its first-ever comprehensive environmental…
Islamabad, Oct 13: The Islamabad district administration has clarified that all roads in the federal…
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.
