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US $1.9 Billion Suki Kinari Hydropower Project to Be Operational

In accordance with the China-Pakistan Economic Corridor (CPEC), the 884 MW Suki Kinari Hydropower Project, which is being built at the cost of $1.9 billion, will be operational by 2022.

Read: 10 Reasons to Invest in Real Estate in 2022

According to an official source, the Suki Kinari hydropower project is expected to be completed by the end of the next year. In Khyber Pakhtunkhwa, the run-of-the-river project was being constructed along the Kunhar River.

He said it was also one of the largest private sector power development projects in Pakistan and was being built as part of the ‘Early Harvest’ initiatives of the China-Pakistan Economic Corridor. The project was constructed using the Build-Operate-Transfer model (BOOT).

Read: Capital Smart City Development Update 2022

Upon completion, the project would add 884 megawatts to the national power grid, and all four units will be completely operational by 2022, he said. This hydropower plant’s completion would play a crucial role in encouraging Pakistan’s industrial growth and economic recovery.

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