MANILA, PHILIPPINES – The Asian Development Bank (ADB) will provide $97 million to help fund a new private sector hydroelectricity plant in Pakistan, which will ease power shortages and create thousands of new jobs.
The ADB Board of Directors’ approval of the $97 million loan for the 147-megawatt (MW) run-of-the-river Patrind hydropower plant, between the Kunhar and Jhelum rivers near Muzaffarabad, will help mitigate power shortages and diversify Pakistan’s energy mix.
The project marks the first investment in Pakistan’s power sector by a consortium of companies from the Republic of Korea.
too much money for little bit of electricity
because 147 MW is not that much
with this amount of money i can create for them at least two GW of electricity this means 2000 MW and i mean exactly what i say
this is my email :-
Nation culprits are not thinking what the hell are they doing…