Peshawar: South Korean Company Korea Hydro and Nuclear Power (KHNP) and Energy and Power Department of Khyber Pakhtunkhwa have signed an accord for 496 megawatts Spat Gah Hydro Power Project in Upper Kohistan district, a news source reported. The project is going to be established under Public Private Partnership (PPP) system.
Chief Minister Khyber Pakhtunkhwa, South Korean Ambassador Kwak Khu Sung, Provincial Minister for Finance Taimur Salim Jhagra, Advisor to chief minister on Energy Himayatullah Khan, Chief Executive PEDO, Engineer Zainullah Shah, and other officials were present at the signing.
The MoU for the project was signed by Secretary Energy and Power Muhammad Salim Khan and Chief Executive Korean Company KHNP. This project is expected to earn PKR 3 billion for the province annually and will be completed in five years.
