The government of Azad Jamu Kashmir and the company undertaking the construction of Kohala hyder power project, the Three Gorges Company from China, have signed the 1124 MW Kohala Hydel Power Project- Implementation and Water Usage Agreements under China Pakistan Economic Corridor (CPEC).
Kohala hyder power project will attract a foreign investment of $2.4 billion under the umbrella of CPEC.
Federal Minister of Energy Hammad Azhar, AJK Prime Minister Raja Farooq Haider and others officials were present on the occasion. Chairman CPEC authority Asim Saleem Bajwa shared the pictures of the ceremony from his twitter account with the text “#CPEC: Signing ceremony 1124 MW Kohala Hydel Power Project- Implementation and Water Usage Agreements signed by AJK Govt and China Three Gorges Company. Investment:US $ 2.4 Bn #CPECMakingProgress #pakistanmovingforward”
The Kohala Hydropower Project is a proposed run-of-the-river high head project, located near Kohala, in Azad Kashmir.The agreement for the project was finalised in 2020 and later it was formally signed in a ceremony attended by the Pakistani Prime Minister, and Chinese ambassador.