French Agency for Development is working in Pakistan providing technical and financial support in energy sector and has committed euros 315 million financial support since 2016. France will now provide Credit Facility worth euros 50 million and a grant of euros 0.2 million for rehabilitation of Dargai and Chitral Hydropower Projects.
Secretary Economic Affairs Division (EAD), Noor Ahmed; Ambassador of France to Pakistan, Marc Barety, and Country Director of the French Agency for Development (AFD), Jacky AMPROU signed the Credit Facility Agreement worth euros 50 million and a grant agreement of euros 0.2 million for rehabilitation of Dargai and Chitral Hydropower Projects.
Malakand and Chitral are the most remote districts of Khyber Pakhtunkhwa. The project will upgrade the obsolete and vulnerable machinery with the state-of-the-art-technology, enhance the capacity of the existing power stations of Dargai and Chitral, thus enhancing generation, transmission, and distribution of electricity.