Keyal khwar Hydropower project wins clearance

According to the plan, around 13,000MW hydel electricity would be added under a medium-term plan of five to seven years. ILLUSTRATION: JAMAL KHURSHID

LAHORE: 

In what can be termed as a significant development towards construction of the 122 megawatt (MW) Keyal Khwar Hydropower Project, the German Development Bank-KfW has issued a No Objection Certificate (NOC) to the Pakistan Water and Power Development Authority (Wapda) for award of its civil works contract to a joint venture led by a Chinese firm Sinohydro.

Keyal Khwar Hydropower Project is located on a tributary of Indus River, in Dasu district of Khyber-Pakhtunkhwa.

The project is scheduled to be completed in four years. On completion, it will provide 426 million units of low-cost hydel electricity to the national grid.

It is pertinent to mention that KfW and European Investment Bank (EIB) are providing €97 million and €100 million respectively for construction of the hydropower project.

According to the plan, around 13,000MW hydel electricity would be added under a medium-term plan of five to seven years.