Islamabad, 17 February 2022 (TDI): The Embassy of the Peoples Republic of China in the Islamic Republic of Pakistan congratulated on the successful International Symposium on Pakistan’s Hydropower Development in Global Perspective.
The International Symposium on Pakistan’s Hydropower Development was held recently to share a global perspective over the benefits of massive improvement in water infrastructure during the next 8-10 years.
The invitation to the Chinese expert on Dams who attended it was also appreciated who shared that China has been a major partner of Pakistan in hydropower development for decades for cooperation and shared benefits.
It was also applauded that more than thirty Pakistan media persons paid a visit to the Suki Kinari Hydropower project. The media presence is a good example that the ‘China–Pakistan Economic Corridor’ (CPEC), upholds extensive consultation with all stakeholders with a joint contribution and shared benefits.
CPEC is an important pioneer project of the ‘Belt and Road Initiative’ (BRI). Furthermore, such projects are also an example of green & sustainable Development.
Suki Kinari Hydro Power Project (SK HPP), is an under-construction, run-of-the-river hydropower project located on the Kunhar River in the Kaghan Valley of Mansehra District Khyber Pakhtunkhwa.
Suki Kinari Hydropower has an installed generation capacity of 874 MW. The Chinese and Pakistani teams have been working together on this project since 2015.
Suki Kinari project is a foreign direct investment project by Suki Kinari Hydro (Private) Limited. It is a joint venture by White Crystal Limited, Saudi Arabia (58%), Eden Inc. Behad, Malaysia (20%), China Gezhouba Group Company Limited (CGGC) (20%), etc. The total investment of the SK project is USD1.96 billion with 6 years’ construction period.
This project composes of a dam, spillway, intake, headrace tunnel, surge branch, pressing piping, powerhouse, tailrace tunnel, etc. The construction of this project will greatly help Pakistan to overcome the energy shortage.
It will create more job opportunities, improve the living standard of local residents, and increase the tax revenue of Pakistan.
