France gives $83.4 million for Pakistani hydroelectric development

ISLAMABAD, Pakistan 7/9/12 (PennWell) -- Pakistan has gained financial support for its 48-MW Jaggran II hydropower project from French lenders, HydroWorld.com has learned.

An agreement signed last week by Iftikhar Ahmed Rao, of Pakistan's Economic Affairs Division, and representatives of the French Development Agency (AFD) provides for an investment of about US$83.4 million.

The Jaggran II hydroelectric facility will be a run-of-river plant built on the Neelum River, about 90 km northeast of Muzaffarabad City. It will be located downstream of the 30.4-MW Jaggran I hydropower plant, which was commissioned in 2000.

Pakistan's Hydro-Electric Board says the Jaggran II complex should be operational in 2015.

HydroWorld.com reported in May that the China EXIM Bank had approved a loan worth $448 million for Pakistan's 969-Neelum-Jhelum hydropower plant, and the country's Water and Power Development Authority recently solicited bids for civil work and equipment for the 1,410-MW Tarbela 4th Extension project.

HydroVision International 2014 Keynote Speakers

Presenting the HydroVision International 2014 Keynote Speakers

Check out a slideshow covering the keynote speakers at the HydroVision International 2014 conference and exhibition

Click Here >>

Hydro Industry Financials

Most Read Articles

Recent Comments

Buyers Guide Companies

Nanning Lijie Energy Saving Electric Co Ltd

Nem Chand & Bros

Providing all kind of technical publication inc...

Sanghvi Forging and Engg Ltd

Supplies forgings from India. The company is a...

Asian Industries

Manufacturers and exporters of rubber seals for...

Bhawani Industries Ltd

STEEL CASTINGS UPTO 90 MT SINGLE PIECE - HOT RO...

Continuing Education

Professional Development Hours
To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

07/01/2014
Volume 33, Issue 6
file
07/01/2014
Volume 22, Issue 4
file

Archived Articles

2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
Hydro Review Past Issues