ISLAMABAD: Pakistan and China will sign an agreement for the construction of Azad Pattan Hydel Power Project, Chairman CPEC Authority Asim Saleem Bajwa announced on Monday.
“CPEC makes another milestone achievement; PM will grace the signing ceremony of Azad Pattan Hydel power Project today with China Gezhouba,” Lt Gen (retd) Bajwa tweeted.
He added, “With an investment of $1.5 billion-no fuel import, we move towards cheaper and greener power."
What is the Azad Pattan hydropower project?
Last year in November, Pakistan and China agreed to include 700 megawatts Azad Pattan hydropower projects under the CPEC. which is to be financed through Chinese currency.
Azad Pattan hydropower project is a run-of-the-river scheme on the River Jhelum, in the Azad Jammu and Kashmir, with a capability of four hours of daily peaking.
The project would be located near the Azad Pattan bridge upstream of the 720 MW Karot hydropower project and downstream of the 640 MW Mahal hydropower project and would be part of the River Jhelum hydel cascade.
The project would deliver approximately 3.3 billion units of clean, renewable energy in the grid after its completion in 2026.
Being developed under the 2002 power policy, the project would be transferred free of cost to the government after the term.
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