Peshawar: The development work on two hydropower projects of 245 megawatts, funded by the World Bank (WB) in Swat district, Khyber Pakhtunkhwa (KP) will soon be launched, according to news published in the leading newspaper on January 16.
As per the details, the two energy projects are expected to generate an annual income of more than PKR 13 billion once completed. Secretary Energy and Power Nisar Ahmad Khan chaired a high-level meeting with the WB mission. During the meeting, Pakhtunkhwa Energy Development Organization (PEDO) Chief Executive Naeem Khan informed the attendees that the construction work on the two hydropower projects in Swat will be started this year with the financial help of WB.
Under the scheme, 157-megawatt Madyan Hydropower Project and 88-megawatt Gabral Kalam Hydropower project. The news source disclosed that USD 450 million agreement has been signed between the KP government and WB and the projects are expected to be completed by 2027. The energy secretary stated that these projects are crucial for the development and prosperity of the region.
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