China Three Gorges to construct 1124 MW Kohala Hydro-power project
In a bid to cater for Pakistan’s renewable energy needs, China Three Gorges Corporation (CTGC) has finalized a plan to construct a 1124 MW Hydro-power Project in Kohala, worth $2.7 billion. The project is being operated under the BOOT model and will be transferred to the local government after a period of 30 years. The project has been reviewed by the Private Power Infrastructure Board (PPIB) and the Environmental Protection Agency (EPA), and is also verified by the International Finance Corporation. Various projects have been planned and constructed, to boost the Pakistan-China cooperation under the China-Pakistan Economic Corridor (CPEC), and this is one of them.
The AJK area has recently been swept by demonstrations and rallies appealing for “Saving River, Saving Muzaffarabad” against the unacceptable environmental issues in Muzaffarabad city caused by the diversion of Neelum River after recent commissioning of Neelum-Jhelum Hydropower Project (NJHP).
The KHPP is the largest hydropower project being implemented by Kohala Hydro Company (Pvt.) Ltd with the cost around US$ 2.7 billion. KHPP is being developed in private sector under BOOT model and it shall be transferred free of cost to AJ&K after 30 years.
According to the sources, for all its national importance and interests, a construction period of 6.5 years will provide thousands of job opportunities to local people, Water use charge and taxes will be a huge and steady income for GoAJ&K and an elaborate Community Investment Plan can certainly lead the way in nurturing a vibrant and thriving society?
CTG, the parent company of KHCL and a world leader in hydropower development possesses the most advanced scientific ecological concept in hydropower project design and development. The design is in compliance with international standards, and is dedicating itself to reducing the known environmental impact of all its projects to minimum by establishing effective environmental mitigation measures. The Environmental & Social Impact Assessment (ESIA) Study of KHPP and the associated minimum water flow called Ecological-Flow (E-Flow) assessment of 30 m3/s were carried out by KHCL in a transparent manner through a world renowned consultant, in consultation with all stakeholders.