ISLAMABAD: Kohala Hydel Power Project, investment is a great achievement for Pakistan, Chairman CPEC Authority Lt Gen (retd) Asim Saleem Bajwa said that the agreement for Kohala Hydel Power Project will be signed today, will invest 2.4 billion.
According to details, Chairman CPEC Authority Lt. Gen. (retd) Asim Saleem Bajwa said in a statement on social networking site Twitter that a tripartite agreement for the Kohala Hydel Power Project was finalized on a historic day in the energy sector under CPEC. The agreement will be signed today.
Historic day-Tripartite Agreement signing ceremony for Kohala Hydel Power Project being held today.Largest power sector investment of $2.4 Bn in one IPP.With PM’s clear direction to expedite CPEC projects,all stake holders worked hard to bring this day #CPEC #cpecmakingprogress
— Asim Saleem Bajwa (@AsimSBajwa) June 25, 2020
Asim Saleem Bajwa said that this is the largest investment in a single IPP of the power sector, the Kohala Hydel Power Project will have an investment of 2.4 billion. Work on CPEC projects is in full swing in the light of the Prime Minister’s directives. The parties are working hard on CPEC.
Last week, Chairman CPEC Authority Asim Saleem Bajwa said that the agreement between HMC and Chinese companies would bring in new investments. The second phase of CPEC has entered. The second phase will provide employment to millions of young people and have a positive impact on the economy.
Chairman CPEC Authority had said that Pak-China ideal friendship is benefiting everyone. CPEC is a testament to the friendship, these relations have turned into economic cooperation and mutual partnership. CPEC is of special importance to both the countries today and reflects the love of every Pakistani.
He said that science and technology have a special role in CPEC. The Corona epidemic will also not affect CPEC projects. One project in the energy sector has been completed, nine are in the process of completion, these multi-billion dollar projects will change the destiny of the country.
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