The cost of project would be Rs87b, annual income would be $33m
\nour correspondent
\nPESHAWAR
\nThe Khyber Pakhtunkhwa government has decided to initiate one of the largest 300 MW hydro power project on Kunhar river in Balakot this year with financial assistance of Asian Development Bank.
\nIt was decided in a meeting held here under the chairmanship of Secretary Energy and Power Sarfaraz Durrani where it was informed that the cost of the project would be Rs 87 billion while the annual income for the province would be $ 33 million.
\nThe project would be completed in seven year with 80 percent contribution, $ 580 million, by the Asian Development Bank and rest of the amount to be shared by the provincial government.
\nEnergy Expert of Asian Development Bank (ADB) Adnan Tareen, Nail Valiyev, Rafayil Abbasov, Additional
\nSecretary Energy Iftikhar Khan Marwat, Chief Planning Officer ZainUllah Shah and others attended the meeting.
\nIt was decided in the meeting that Consultant and Project Director for the project will be appointed soon in order to complete the project on time. Durrani added the completion of the project is not less than a challenge for energy and power department, as it is one of the biggest power projects of the province.<\/p>\n","protected":false},"excerpt":{"rendered":"
The cost of project would be Rs87b, annual income would be $33m our correspondent PESHAWAR The Khyber Pakhtunkhwa government has decided to initiate one of the largest 300 MW hydro power project on Kunhar river in Balakot this year with financial assistance of Asian Development Bank. It was decided in a meeting held here under […]<\/p>\n","protected":false},"author":2,"featured_media":70233,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-70213","post","type-post","status-publish","format-standard","has-post-thumbnail","category-peshawar"],"yoast_head":"\n