{"id":67250,"date":"2020-06-28T10:01:00","date_gmt":"2020-06-28T05:01:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=67250"},"modified":"2020-06-26T18:04:49","modified_gmt":"2020-06-26T13:04:49","slug":"ecc-approves-development-kohala-azad-pattan-hydropower-projects","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ecc-approves-development-kohala-azad-pattan-hydropower-projects.html","title":{"rendered":"ECC approves development of Kohala, Azad Pattan hydropower projects"},"content":{"rendered":"\n<p>Islamabad: The Economic Coordination Committee (ECC) on Thursday approved the development of the Kohala and Azad Pattan hydroelectric power projects that are expected to bring in investment worth USD 3.7 billion under the China-Pakistan Economic Corridor (CPEC) initiative, according to a news source.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/pkr-177-5-bn-allocated-water-sector-hydropower-projects-psdp2020-21.html\" target=\"_blank\" rel=\"noreferrer noopener\">PKR 177.5 bn allocated for water sector &amp; hydropower projects under PSDP 2020-21<\/a><\/p>\n\n\n\n<p>The Kohala project will be developed at the Jhelum River in Azad Jammu and Kashmir (AJK), and is being executed by the Kohala Hydropower Company Private Limited (KHCL), along with three foreign companies as sponsors.<\/p>\n\n\n\n<p>The Azad Pattan project will be constructed near Rawalpindi and Sudhnoti. It is being executed by the Azad Pattan Power Private Limited, with a Chinese company as a sponsor.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/kp-govt-complete-672-mini-hydroelectric-power-projects-fy2020-21.html\" target=\"_blank\" rel=\"noreferrer noopener\">KP govt to complete 672 mini hydroelectric power projects in FY2020-21<\/a><\/p>\n\n\n\n<p>Previously, work on both the projects had been halted due to a number of reasons. However, now the development can be restarted again, following the ECC\u2019s approval of a loss\/gain rate of 7% for the project that is to be absorbed by the KHCL. Additionally, the ECC also approved the revised standard security package documents that include implementation agreements, a government guarantee, a power purchase agreement (PPA), and a water use agreement under the Power Generation Projects Policy 2002.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Economic Coordination Committee (ECC) on Thursday approved the development of the Kohala and Azad Pattan hydroelectric power projects that are expected to bring in investment worth USD 3.7 billion under the China-Pakistan Economic Corridor (CPEC) initiative, according to a news source. Read: PKR 177.5 bn allocated for water sector &amp; hydropower projects under PSDP 2020-21 The Kohala project will be developed at the Jhelum River in Azad Jammu and Kashmir (AJK), and is being executed by the Kohala Hydropower Company Private Limited (KHCL), along with three foreign companies as sponsors. The Azad Pattan project will be constructed near Rawalpindi and Sudhnoti. It is being executed by the Azad Pattan Power Private Limited, with a Chinese company as a sponsor. Read: KP govt to complete 672 mini hydroelectric power projects in FY2020-21 Previously, work on both the projects had been halted due to a number of reasons. However, now the development can be restarted again, following the ECC\u2019s approval of a loss\/gain rate of 7% for the project that is to be absorbed by the KHCL. Additionally, the ECC also approved the revised standard security package documents that include implementation agreements, a government guarantee, a power purchase agreement (PPA),&hellip;<\/p>\n","protected":false},"author":57,"featured_media":64295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[32992,32991,32993],"persona":[],"class_list":{"0":"post-67250","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-azad-pattan-hydropower-projects","9":"tag-ecc-approves-development-of-kohala","10":"tag-kohala-hydropower-project","11":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ECC approves Kohala, Azad Pattan hydropower projects - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Economic Coordination Committee (ECC) on Thursday approved the development of the Kohala and Azad Pattan hydroelectric power projects that are expected to bring in investment worth USD 3.7 billion under the China-Pakistan Economic Corridor (CPEC) initiative, according to a news source.\" \/>\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\/ecc-approves-development-kohala-azad-pattan-hydropower-projects.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECC approves Kohala, Azad Pattan hydropower projects - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Economic Coordination Committee (ECC) on Thursday approved the development of the Kohala and Azad Pattan hydroelectric power projects that are expected to bring in investment worth USD 3.7 billion under the China-Pakistan Economic Corridor (CPEC) initiative, according to a news source.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ecc-approves-development-kohala-azad-pattan-hydropower-projects.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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