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.
Islamabad: The chairman of the Capital Development Authority (CDA) and Chief Commissioner Islamabad, Muhammad Ali…
Peshawar: The Khyber Pakhtunkhwa government is exploring plans to construct a 31-kilometre outer ring road…
Islamabad: The National Highway Authority (NHA) has spent more than half of its development budget…
Karachi: A high-level meeting chaired by Sindh Minister for Local Government Syed Nasir Hussain Shah…
Riyadh: Saudi Real Estate Co. (Al Akaria) has signed a long-term lease agreement with Amsa…
Rawalpindi: The divisional administration has begun acquiring land for the Rs5 billion Thalian Interchange, a…
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.
