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Germany's KfW commits to Pakistan's 122-2 MW Keyal Khwar hydroelectric plant

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Germany's development bank Kreditanstalt fur Wiederaufbau (KfW) has provided US$125.4 million for the construction of Pakistan's 122-MW Keyal Khwar hydropower project, HydroWorld.com has learned.

The financing was announced following a meeting of KfW and Water and Power Development Authority (WAPDA) officials at which KfW also expressed interest in co-financing the 35-MW Harpo and 80-MW Phandar hydropower plants.

HydroWorld.com reported earlier this year that construction on the $242.6 million Keyal Khwar was expected to begin soon.

Keyal Khwar is one of 15 hydro projects WAPDA said it is currently developing as part of its"least-cost energy generation and water storage plan" that could eventually include as many as 26 new hydropower plants, 21 GW of new installed capacity and 13 million acre feet of water storage.

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