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China to invest in AJK Hydel sector

China to invest in AJK Hydel sector

BEIJING – Chinese company has expressed its willingness to invest in hydelsector in Azad Kashmir.

A delegation of the company expressed the desire in a meeting with AzadKashmir President Sardar Masood Khan in Islamabad on Wednesday.

It was informed on the occasion that the company is already working on anumber of projects in Punjab and Khyber Pakhtunkhwa with specialty inconstruction of small dams and turbines.

The company also expressed the desire to work with Azad Kashmir governmentfor up-gradation of the existing hydel power projects and their maintenance.

Sardar Masood Khan welcomed the offer by the company, saying huge potentialin hydel sector exists in Azad Kashmir.

He informed the delegation that 2400 MW electricity would be generated bythe end of this year while expected total target is 8800 MW.