PM inaugurates 84 MW hydropower project on Jhelum
Prime Minister Mian Muhammad Nawaz Sharif here on Monday inaugurated the first private sector bong escape 84 megawatts hydropower project built on the Jhelum River seven kilometers away from Mangla Dam in Azad Kashmir.Speaking on the occasion, the Prime Minister said the project was a milestone in the country’s history and would pave way for construction of similar projects to cater to the power needs of various sectors of economy.The project will not only substantially improve power supply but also open new vistas of development, he added. The project, completed at a cost of $ 215 million in 40 months, will produce 84 megawatts of electricity, which will be added to the national grid through a 132 kv transmission line.The project built with the assistance of Asian Development Bank and a number of other financial institutions, has been completed by Laraib Energy Limited on built, operate and transfer (BOT) basis.