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$1.2bn provided by WB, IDB, EDB: Senate told

1ST TURBINE OF NEELUM JHELUM HYDROPOWER PROJECT 

From Our Correspondent

ISLAMABAD: State Minister for Ports and Shipping Chaudhary Jaffar Iqbal yesterday informed the Senate that the first turbine of Neelum Jehlum Hydropower Project would start generation by December. Responding to various supplementary questions during Question Hour, the minister said as per CASA-1000 agreement, Pakistan would import 1300 MW of electricity from Tajikistan and Kyrgyz Republic through Afghanistan. The project would cost $ 1.2 billion and the financing has been arranged from World Bank, Islamic Development Bank and European Development Bank, he added. However, he said civil work had not yet started on the project while 104 MW was being imported from Iran. Jaffar Iqbal said Kurram Tangi dam project would be implemented in two stages. PC-I of the project (stage-I) was approved by ECNEC on April 22, 2016 at a cost of Rs.21059.26 million. Construction activities are in progress and the physical progress is 15.6 percent. The first stage of the project was expected to be completed by April 2019, he added. The minister said the feasibility study of Thakot Hydropower project was in progress and was expected to be completed by December. A sum of Rs.208.504 million had been spent on the project during 2016-17. The project would be developed on Indus River in District Shangla which would generate 4000 MW electricity.

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