Azad Jammu and Kashmir welcomed a delegation from the Saudi Fund for Development (SFD) as part of the Green Energy Drive, culminating in agreements for financing two Hydro Power Projects in the region.
The Saudi delegation, led by the Fund’s CEO, Sultan bin Abdulrahman Al-Marshid, solidified agreements for the Shounter Hydro Project and the Jagran-4 Hydro Project.
The Shounter hydro project, with an estimated cost of $66 million, is projected to generate 48 megawatts of electricity, while the Jagran-4 hydro project, costing $41 million, will yield 22 MW of electricity upon completion.
Together, these initiatives will contribute an additional 70 megawatts to the national grid in hydropower generation.
It’s noteworthy that the Special Investment Facilitation Council played a pivotal role in facilitating the execution of these agreements, underscoring collaborative efforts towards sustainable energy development.
U.S. President Donald Trump said up to five fighter jets were brought down during the…
Spotify's RADAR Pakistan returns this quarter, spotlighting Afusic as its latest featured artist. Afusic is…
The Overseas Investors Chamber of Commerce and Industry (OICCI) is deeply saddened by the tragic…
If you’re planning a Dubai getaway that’s got a little bit of everything, world-class shopping,…
The Citizens Foundation (TCF), a leading non-profit organisation dedicated to education in Pakistan, has launched…
inDrive, the country’s largest mobility platform, has launched Premium-category Rides in major cities across Pakistan,…
This website uses cookies.
