3 Hydro Power Projects in KPK to be financed by World Bank


World Bank has agreed to grant loans for three projects,” said a senior official of the K-P energy and power department who held a meeting with the international financial institution’s delegation in Islamabad on Monday.

The K-P government has been negotiating with the World Bank for securing a Rs70 billion loan to finance its developmental projects.

The projects include Gabral-Kalam Hydro Power Project (HPP) in Swat which will add 110 megawatts to the grid. The project is estimated to cost $413 million.

It also includes Barikot Patrak hydropower project in Upper Dir which is 47 megawatts with a cost of $148 million. Shringal-Patrak hydropower project is the third project which will add 22megawatts and is estimated to cost $83 million.

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