The administration of Azad Jammu and Kashmir (AJK) has consented to an arrangement with China Three Gorges Corporation and Private Power and Infrastructure Board (PPIB) for the improvement of Kohala hydroelectric force venture.
The 1,124-megawatt power task will be created in AJK under the umbrella of the China-Pakistan Economic Corridor (CPEC) system.
The undertaking is evaluated to create in excess of five billion units of perfect and minimal effort power each year. With a $2.4 billion starting speculation, this is perhaps the biggest interest in an autonomous force maker (IPP) in Pakistan just as in AJK.
Another hydropower venture – the 102MW Gulpur venture – at Poonch River in Kotli locale has been operational since March this year.
Force Minister, Omar Ayub Khan, while leading the 127th gathering of PPIB, commended the board’s job in improving hydroelectric force age.
He said that the legislature is searching for long haul vitality supportability and unwavering quality for which sustainable power source, hydroelectric force, and indigenous coal-based ventures are being organized.
During the gathering, PPIB overseeing executive (MD), Shah Jahan Mirza, advised the board on the status of up and coming IPPs, saying that different tasks may miss the cutoff time due to the coronavirus limitations.
The board likewise expanded the legitimacy of the Letter of Support/money related close date for the 1,124MW Kohala hydroelectric influence venture.
The board permitted augmentation in the Thar coal-based force extends because of the worldwide pandemic.