KARACHI: Pakistan is set to increase the share of hydropower production in the total energy mix by adding a new project of over 700 megawatts in Azad Jammu and Kashmir (AJK) through foreign financing at an estimated cost of $1.51 billion by 2022.
Authorities have sought an import tariff at Rs8.05 per kilowatts (US cents 8.1032/kWh) for the project.
“The project (Azad Pattan Hydropower Project) is an initiative of the government of Pakistan being developed in the private sector under the Policy for Power Generation 2002,” according to the project documents available at National Electric Power Regulatory Authority (Nepra).
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KARACHI: Pakistan is set to increase the share of hydropower production in the total energy mix by adding a new project of over 700 megawatts in Azad Jammu and Kashmir (AJK) through foreign financing at an estimated cost of $1.51 billion by 2022.