Development work on first CPEC hydropower project near completion: Asim Bajwa

ISLAMABAD: Asim Bajwa, Chairman China Pakistan Economic Corridor (CPEC) Authority has informed that 88pc of development work on the Karot Hydropower Project has been finished till now.

invest with imarat

Islamabad’s emerging city centre

Learn More

Taking on to Twitter, the chairman CPEC authority informed that the development work on the 720MW hydropower project will be completed by April 2022.

The chairman also stated that the project is being developed at an investment of $1780mn; moreover, the project has employed 5000 locals for the construction.

Further, the project is being developed on River Jhelum under Build-Own-Operate and Transfer (BOOT) basis and has the capacity to generate 3.249 billion units of clean energy annually.

 

For news and blogs, visit Graana.com 

Maham Tahir

Recent Posts

Saudi Arabia Executes World’s First Sovereign Tokenised Property Title Deed Transfer

Riyadh: Saudi Arabia has completed what it described as a global first in capital market…

4 hours ago

RDA Issues Strict Construction Safety Guidelines for All Sites in Rawalpindi

Rawalpindi: The Rawalpindi Development Authority (RDA) has introduced strict safety measures for all construction sites…

1 day ago

SECP Registers Three New REIT Schemes in January 2026, Sector Count Rises to 28

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has registered three new Real Estate…

2 days ago

Real Estate Future Forum Opens in Riyadh as Saudi Market Prepares for Foreign Ownership Push

Riyadh: The Real Estate Future Forum opened on its first day at the Four Seasons…

6 days ago

Punjab Government Plans to Split Lahore into Two Districts After Basant Festival

Lahore: The Punjab government is planning to split the Lahore city district into two administrative…

1 week ago

WCLA Launches Rs1.1 Billion Restoration Project in Lahore’s Old Anarkali

Lahore: The Walled City of Lahore Authority has launched a large-scale conservation and restoration project…

1 week ago