ISLAMABAD:The 884 MW Suki Kinari Hydropower Project, being constructed with US $ 1.9 billion cost under China-Pakistan Economic Corridor (CPEC) would be operational by 2022.
According to the schedule, Suki Kinari hydropower plant is expected to be completed by the end of next year, an official source told reporter.
The run-of-the-river project is being established alongside the Kunhar River in Khyber Pakhtunkhwa.
It is also one of Pakistan’s largest private sector power development projects and is being constructed as part of the China-Pakistan Economic Corridor’s `Early Harvest’ projects.
The project is being developed on the Build-Own-Operate-Transfer (BOOT) model – which implies that the Chinese Company would operate it for 30 years after which the project would be transferred to the KP government.
Once completed, the project would add 884 megawatts to the national grid and all four units would become fully operational by 2022.
The completion of this hydro power plant will play an important role in promoting Pakistan’s industrial development and economic recovery.