EIB finances Pakistan hydropower project

By Sarah Ann McCay19 February 2014

The European Investment Bank (EIB) has approved a long-term loan of € 100 million (US$ 137 million) to the Government of Pakistan for the construction of the Keyal Khwar Hydropower project.

The Keyal Khwar Hydropower project consists of a 128 MW run-of-river hydropower plant with a small 1.5 ha reservoir for daily regulation. Power achieved from the project is fed directly to Pakistan’s national power grid.

The Water and Power Development Authority (WAPDA) is responsible for the construction of the plant. Work started in January 2013 and is scheduled to take four years to complete.

Latest News
New Endurant XD series transmissions
Latest from Eaton-Cummins venture target larger on-highway and severe service vehicles
Benevelli’s new electric motors for off-highway
Italian manufacturer expands its electrification portfolio
World of Concrete 2022 concludes
Annual masonry event brought in 37,000 attendees and 1,100 exhibitors spanning the 3-day show held in Las Vegas