South Korean power company Will Build 496MW Spat Gah Dam In KPK

[Kabira]

The Korea Hydro and Nuclear Power, a subsidiary of Korea Electric Power Corporation (KEPCO), will invest over a billion dollars in the power sector of Pakistan's Khyber Pakhtunkhwa.

The development comes during a meeting between the president of Korea Hydro and Nuclear Power and Khyber Pakhtunkhwa Finance Minister Taimur Jhagra and Provincial Minister of KPK for Law, Sultan Khan.

As per detail, the Khyber Pakhtunkhwa government and the Korean company have partnered to invest in 496 MW power project in Kohistan. The KP Government will be a 26 percent shareholder in project.

Apart from hydropower station, the company expressed desire to invest in wind and solar power generation in the province. Meanwhile, the provincial ministers informed the company delegation about Khyber Pakhtunkhwa's investment friendly policies and assured Koreans of full cooperation during their visit.
https://www.brecorder.com/2019/12/1...-to-invest-over-1bn-in-pakistan-power-sector/

 

[Kabira]

This is the project.

http://www.wapda.gov.pk/index.php/projects/hydro-power/future/lower-spat-gah

 

[Syed1.]

Man when will our companies learn to build dams. It isn't exactly rocket science. Till when will we be reliant on others?

 

[Muhammad Omar]

Man when will our companies learn to build dams. It isn't exactly rocket science. Till when will we be reliant on others?

The funding is the main issue. The Koreans will probably construct the dam on BOT just like they constructed Patrind Hydropower and Gulpur Hydropower Projects in AJK

 

[Kabira]

The funding is the main issue. The Koreans will probably construct the dam on BOT just like they constructed Patrind Hydropower and Gulpur Hydropower Projects in AJK

True, over $1 billion investment by South Korean company in this dam.