Islamabad (Web Desk): China Pakistan Economic Corridor (CPEC) Authority chairman Lt Gen (retd) Asim Saleem Bajwa said Friday that the Kohala Power and Azad Pattan power projects will generate 8,000 jobs and an investment of $4 billion over the years.
“PM AJK & CEOs of China Three Gorges & China Gezhouba visited separately to thank CPEC Authority for helping realise Kohala Power&Azad Pattan power Projects & further coord for their execution.$4 Bn Investment,1800 MW cheaper Hydel power with 8000 jobs,” Bajwa said in a tweet.
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The Kohala hydroelectric power project will be developed on Jhelum River in Azad Jammu and Kashmir (AJK) and is being implemented by the Kohala Hydropower Company Private Limited (KHCL) with China Three Gorges Corporation, International Finance Corporation (IFC) and Silk Road Fund as sponsors.
The Azad Pattan hydroelectric power project will be built on the dual boundary between Rawalpindi district (Punjab) and Sudhnoti district (AJK). It is being developed by Azad Pattan Power Private Limited (APPL) with China Gezhouba Group Company (CGGC) as the sponsor.
