KP signs agreement with Korean company to build 496MW hydel power project

Peshawar – The Energy and Power Department of Khyber Pakhtunkhwa has signed an agreement with a South Korean company, Korea Hydro and Nuclear Power (KHNP), to build a 496 megawatts Spat Gah Hydropower Project.

The proposed power project will be constructed in Kohistan district. The power project would be set up on the Public-Private Partnership (PPP) mode.

While speaking at the contract signing ceremony, Chief Minister KP Mahmood Khan stated that the foreign investment in the energy sector of KP was a welcome step. He underlined the need to utilize the available resource efficiently for bringing the country out of the present crisis.

Provincial Minister for Finance Taimur Salim Jhagra, Advisor to the chief minister on Energy Himayatullah Khan, South Korean Ambassador Kwak Khu Sung, Chief Executive Pakhtunkhwa Energy Development Organization (PEDO), Engineer Zainullah Shah, and other officers were also present at the occasion.

Notably, the Memorandum of Understanding (MoU) for initiating the project was signed earlier between the Secretary Energy and Power Muhammad Salim Khan and the Chief Executive of the Korean company KHNP.

The project is estimated to be completed in the next five years. Moreover, it is a mega hydropower project that will generate 496 megawatts of power for the northern province and contribute Rs.3 billion in its exchequer annually.

"Monitoring Desk"


Peace In Afghanistan and CPEC to help generate opportunities for the youth: Speaker NA
PM Imran Khan praises Chinese support, says China has been helpful in many areas
0.7 Million jobs likely under CPEC by 2030
Power generation capacity of Port Qasim power plant equivalent to 10 percent of national power generation capacity
CPEC energy projects undergoing rapid construction
China confirms pledging financial assistance to Pakistan
NHA plans construction of sections of CPEC Western Route, project to complete by end of 2019
CPHGC’s Unit 1 successfully synchronized with Pakistan national grid
Chinese Embassy clarifies CPEC debt article
Chinese industrial group to establish ceramics unit in Faisalabad
Chinese Embassy provides details on the latest progress of CPEC
Work on the New Gwadar International Airport, vocational training center and friendship hospital to begin in the first quarter of 2019
Six Pakistani entrepreneurs graduate from UNCTAD, Alibaba’s fellowship
China donates Rs6m more to families of martyred cops
Pakistan coming on track by enhanced export, trade volume with neighboring countries


About is Pakistan’s leading regional connectivity media & communication/outreach platform, dedicated to profiling and promoting the business activities, news and views on the regionally connected business corridor across OBOR. 


Addional Information

 Ethics Policy     Advertise
 Terms & Conditions
 Contact Us