{"id":58931,"date":"2019-12-21T10:00:19","date_gmt":"2019-12-21T10:00:19","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=58931"},"modified":"2020-01-28T05:18:28","modified_gmt":"2020-01-28T05:18:28","slug":"korean-firm-invest-kp-energy-sector","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/korean-firm-invest-kp-energy-sector.html","title":{"rendered":"Korean firm to invest in KP energy sector"},"content":{"rendered":"<p>Peshawar: A subsidiary of Korea Electric Power Corporation (KEPCO), called \u2018Korea Hydro and Nuclear Power\u2019, has announced its decision to invest USD 1 billion in Khyber Pakhtunkhwa (KP)\u2019s power sector, according to news sources.<\/p>\n<p>The provincial government and the Korean firm have partnered up to invest in a power project in Kohistan, which has a production capacity of 496 MW. The KP government is expected to have a 26% share in the project.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/pak-s-korea-sign-usd-500m-framework-arrangement-for-infrastructural-projects.html\" target=\"_blank\" rel=\"noopener noreferrer\">Pak, S. Korea sign USD 500m framework arrangement for infrastructural projects<\/a><\/p>\n<p>Additionally, the Korean firm also intends to explore investment avenues in wind and solar power generation, aside from developing a hydropower station. The provincial ministers briefed the delegation of the private firm about KP government\u2019s investment and business-friendly policies, and assured the company\u2019s representative of their full cooperation.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/pakistan-korea-sign-mou-enhance-water-quality.html\" target=\"_blank\" rel=\"noopener noreferrer\">Pakistan, Korea sign MoU to enhance water quality<\/a><\/p>\n<p>South Korea\u2019s <a href=\"https:\/\/www.zameen.com\/news\/korea-interested-invest-pakistans-energy-sector.html\" target=\"_blank\" rel=\"noopener noreferrer\">Ambassador <\/a>to Pakistan Kwak Sung-Kyu had previously revealed in a meeting with Federal Minister for Energy Omar Ayub Khan, that various Korean firms were interested in investing in the energy sector of Pakistan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peshawar: A subsidiary of Korea Electric Power Corporation (KEPCO), called \u2018Korea Hydro and Nuclear Power\u2019, has announced its decision to invest USD 1 billion in Khyber Pakhtunkhwa (KP)\u2019s power sector, according to news sources. The provincial government and the Korean firm have partnered up to invest in a power project in Kohistan, which has a production capacity of 496 MW. The KP government is expected to have a 26% share in the project. Read:\u00a0Pak, S. Korea sign USD 500m framework arrangement for infrastructural projects Additionally, the Korean firm also intends to explore investment avenues in wind and solar power generation, aside from developing a hydropower station. The provincial ministers briefed the delegation of the private firm about KP government\u2019s investment and business-friendly policies, and assured the company\u2019s representative of their full cooperation. Read:\u00a0Pakistan, Korea sign MoU to enhance water quality South Korea\u2019s Ambassador to Pakistan Kwak Sung-Kyu had previously revealed in a meeting with Federal Minister for Energy Omar Ayub Khan, that various Korean firms were interested in investing in the energy sector of Pakistan.<\/p>\n","protected":false},"author":75,"featured_media":34892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14558],"persona":[],"class_list":{"0":"post-58931","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-korean-firm-to-invest-in-kp-energy-sector"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Korean firm to invest in KP energy sector - Zameen News<\/title>\n<meta name=\"description\" content=\"Peshawar: A subsidiary of Korea Electric Power Corporation (KEPCO), called \u2018Korea Hydro and Nuclear Power\u2019, has announced its decision to invest USD 1\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/korean-firm-invest-kp-energy-sector.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Korean firm to invest in KP energy sector - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Peshawar: A subsidiary of Korea Electric Power Corporation (KEPCO), called \u2018Korea Hydro and Nuclear Power\u2019, has announced its decision to invest USD 1\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/korean-firm-invest-kp-energy-sector.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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