Pakistan to Build Massive Dams for Abundant Water and Power

China and Pakistan have agreed to finance and build two mega dams in Gilgit-Baltistan region of Pakistan. A memorandum of understanding (MoU) for this development was signed by the leaders of the two countries on the sidelines of the Belt and Road Initiative (BRI) summit in Beijing.

Actual vs Potential Hydropower in South Asia. Source: Economist Mag...


The two dams, called Bunji and Diamer-Bhasha projects, will have the capacity to generate 7,100MW and 4,500MW of electricity respectively. China will provide $27 billion to fund the construction of the two dams, according to media reports.

Pakistan's Hydropower Potential: 

Pakistan has the potential to generate 59,000MW of hydropower, according to studies conducted by the nation's Water and Power Development Authority (WAPDA). Currently, it's generating only 6,600MW of hydroelectric power, about 11% of the estimated potential. Media reports indicate that China is prepared to finance and build another 40,000MW capacity as part of the development of the Northern Indus Cascade region which begins in Skardu in Gilgit-Baltistan and runs through to Tarbela, the site of Pakistan’s biggest dam, in Khyber-Pakhtunkhwa province.

Diamer-Bhasha Water Storage:

Diamer-Bhasha project is located on Indus River, about 200 miles upstream from the existing Tarbela Dam, 100 miles downstream from the Northern Area capital Gilgit in Gilgit-Baltistan region.  It will generate 4,500 MW of electricity and its reservoir will hold so much water that it could have averted recent devastating floods that affected large parts of Pakistan. It would also provide enough electricity to end  Pakistan's crippling shortages, according to a report in the Guardian newspaper.  The Diamer-Bhasha reservoir would be 50 miles long, holding 8.5 MAF (million acre feet) of water.

Response to Climate Change:

Pakistan has made only a small contribution to climate change through carbon emissions.  And yet, it counts among the dozen or so nations considered most vulnerable to its damaging effects. These include rising temperatures, recurring cycles of floods and droughts and resulting disruption in food production.

One of the ways Pakistan can help reduce carbon emissions is by realizing its full hydroelectric potential by building more dams. The development of the Northern Indus Cascade region to generate 40,000MW of hydropower is a significant part of this effort.

Prerequisite for Economic Development: 

Availability of abundant and cheap electricity has historically preceded rapid economic development in America, Europe and East Asia. Pakistan has an opportunity to meet this prerequisite by generating large amounts of clean renewable hydropower to meet its hunger for energy required for rapid economic growth in all sectors of the economy ranging from agriculture to manufacturing and services.

Summary:

Pakistan is endowed with significant amount of water and power resources that can be harnessed to enable rapid economic growth in all sectors of its economy. It appears that the Chinese investment, as part of China-Pakistan Economic Corridor, is now putting this goal within reach. Tens of thousands of megawatts of added electricity and millions of acre feet of additional water will hopefully transform Pakistan's economy and bring prosperity to its people.

Here's a video on the subject:

https://youtu.be/y-VkLn2J6fM



Related Links:

Haq's Musings

Recurring Cycles of Drought and Floods in Pakistan

Pakistan's Response to Climate Change

Renewable Energy for Pakistan

LNG Imports in Pakistan

Growing Water Scarcity in Pakistan

China-Pakistan Economic Corridor

Ownership of Appliances and Vehicles in Pakistan


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Comment by Riaz Haq on December 14, 2018 at 9:47am

#USAID, #WAPDA sign $78m deal for #Pakistan #Mangla Dam refurbishment to increase #power generation capacity from 1000 MW to 1310 MW #hyropower | The Express Tribune

https://tribune.com.pk/story/1865526/2-usaid-wapda-sign-78m-deal-ma...

Water and Power Development Authority (Wapda) and the United States Agency for International Development (USAID) signed project implementation letter – 2 (PIL) worth $78 million for Mangla refurbishment project. The USAID grant will be spent for undertaking various works of Package V, VI, VIII and IX of the project.

The PIL-1 of $72 million for Mangla refurbishment project had already been signed between USAID and Wapda in 2014. WAPDA Chairman Muzammil Hussain and USAID Mission Leader Jerry Bisson signed the letter.

Due to the aging factor of the generating equipment and availability of additional water due to the raised Mangla Dam, Wapda is implementing Mangla refurbishment project with an approved PC-I cost of Rs52.224 billion. USAID is providing $150 million as grant and AFD, a french development agency, is providing €90 million as loan for the purpose, while rest of the amount is being arranged by Wapda through loans and from its own resources.
Mangla Refurbishment Project, on its completion, will enhance generation capacity of the existing Mangla hydel power station from 1,000 megawatts (MW) to 1,310MW, thus registering an increase of 310MW. The refurbishment works have been divided into 11 different packages, which will be implemented in various phases.

The generating units will be refurbished by closing down one tunnel (two generating units) at a time. Refurbishment of the first two units will be completed in year 2019, while refurbishment of all 10 generating units is likely to be accomplished by 2024.

It may be mentioned that Wapda has been implementing a two-pronged strategy for optimal utilisation of hydropower resources. Under the strategy, Wapda has not only initiated new hydropower projects but has also been rehabilitating and upgrading its existing hydel power stations.

Comment by Riaz Haq on April 8, 2019 at 7:05pm

#Pakistan approves contract for 800MW Mohmand #dam over #Swat River. Will irrigate 160,000 acres of existing land and 16,700 acres of new #land will also be irrigated and supply 300 million gallon #water per day to #Peshawar. #power #agriculture https://www.waterpowermagazine.com/news/newswapda-approves-contract...

The Pakistan Water and Power Development Authority (WAPDA) has approved the award of a contract to CGGC-DESCON Joint Venture for civil and electro-mechanical works of Mohmand Dam hydropower project. Conditional upon signing of the agreement, the contractor will mobilize at site in March 2019.

The contract award was approved following a comprehensive bidding and evaluation process and exhaustive technical negotiations.

WAPDA has brought the Mohmand Dam project back on track after a delay of decades, removing the legal, financial and technical snags. The procurement process has been completed through open competitive bidding following the transparent best practices in line with PPRA rules and PEC provisions.

The project is being constructed on the River Swat in Tribal District Mohmand of Khyber Pakhtunkhwa Province. The project is scheduled to be completed in five years and eight months. On completion, the project will store about 1.2 million acre feet (MAF) of water, generate 800MW of low-cost electricity, and help mitigate floods in Peshawar, Charsadda and Naushera.

Besides supplementing 160,000 acres of existing land, more than 16,700 acres of new land will also be irrigated because of Mohmand Dam. In addition, 300 million gallon water per day will also be provided to Peshawar for drinking purpose.

Comment by Riaz Haq on May 26, 2020 at 12:36pm

Pakistan finally gives green light to controversial Indus dam in Kashmir

http://www.globalconstructionreview.com/news/pakistan-finally-gives...

A Chinese-Pakistani joint venture has been awarded a project to build a dam on the River Indus in the disputed Kashmir region between India and Pakistan.
When completed in 2028, the Diamer Bhasha dam, China’s first major civil engineering scheme in Kashmir, will have a 272-metre-high barrage, making it the tallest roller-compacted concrete dam in the world.

The project will be part of the China-Pakistan Economic Corridor (CPEC), itself part of China’s Belt and Road Initiative.
It will have a generating capacity variously given as 4.8GW and 6GW, and will be situated in the Pakistan-administered region of Gilgit-Baltistan, about 320km from the Chinese border.

As well as power, the dam will create a 200 sq km reservoir, greatly increasing Pakistan’s water security.

According to the Nikkei Asian Review, the first phase of the dam, worth $2.8bn, has been awarded to a team made up of China’s Power Construction Corporation and the Pakistan Army’s Frontier Works Organisation, with 70% going to the Chinese company.

Muzammil Hussain, chairman of Pakistan’s Water and Power Development Authority (Wapda), announced the project at a press conference at the end of last week. He said the Pakistan government would provide 30% funding and “the rest will be arranged by the Wapda” – understood to be a reference to loans from China. Hussein put the total cost of the project at US$8.8bn, but he has previously given a figure of $14bn.

Previous attempts to build the dam on the Indus site have stumbled over the funding issue. In 2011, the US considered a loan of $12bn for the scheme, but withdrew. The Asian Development Bank approved a loan for the scheme but then withdrew its funding in 2016, and a later plan to crowdfund it failed to raise sufficient capital.

In 2016, the project was named as one of the projects in the China-Pakistan Economic corridor. However, in 2017, Pakistan backed out when the Chinese demanded 100% ownership of the completed asset.

India has raised objections to the project, partly on political and partly on engineering grounds.

The political protest is over India’s claim that the project legitimises Gilgit-Baltistan as part of Pakistan’s sovereign territory.

The engineering objection is based on the safety of such a tall roller-compacted dam in an earthquake zone.

Suleman Najib Khan, the convenor of the Water Resource Development Council, notes: “In the history of the world, no roller-compacted dam has ever been built of comparable height in such unforgiving conditions.

“In the event that the dam bursts at its proposed height of 272m during a routine seismic movement, 10 cubic kilometres of water, with the destructive power of a hydrogen bomb, will wipe out everything on the Indus all the way down to Sukkur.”

Roller-compacted dams use a blend of concrete in which fly ash is substituted for Portland cement, reducing the risk of thermal cracking during construction. The highest dam built so far using the method is the Gilgel Gibe III Dam in Ethiopia, at 250m.

Comment by Riaz Haq on July 23, 2020 at 12:33pm

Pakistan has recently re-entered into some important hydropower project deals with Chinese companies.

https://thewire.in/south-asia/pakistan-china-hydropower-projects-cp...


On May 13, 2020, Pakistan signed a deal worth 442 billion Pakistani Rupees (USD 2.64 billion) with the Chinese state-run firm China Power for building the 272 meters high DBD. The total financial outlay of the DBD is PKR 1,406 .5 billion (USD 8.3 billion). This project is on the river Indus in Gilgit-Baltistan (GB) – which India claims is illegally occupied territory – and Khyber Pakhtunkhwa. It is likely to be completed by 2028.

Earlier, it was a part of the China Pakistan Economic Corridor (CPEC) project but the tough conditions, particularly regarding the transfer of ownership, were unacceptable and not “doable” for Pakistan. Afterwards, the Pakistani government tried to raise money for the DBD along with the Mohmand dam through crowdfunding. However, Pakistan then re-entered into a deal with the Chinese firm.

Under the new terms of the deal, China Power will hold 70% of the share while the remaining 30% will be with Frontier Works Organisation – a commercial arm of the Armed Forces of Pakistan. The DBD’s construction is expected to create about 16,500 jobs. Once in operation, it will irrigate around 1.23 million acres of agriculture land and generate 18.1 billion units of electricity annually.


The second project the Chinese are constructing in Pakistan is at Kohala. It was listed under the China Pakistan Economic Corridor since August 2014. The Kohala project is on the Jhelum river on the Pakistani-administered side of Kashmir which India claims is illegally occupied territory since 1947-48. This 1,124-Megawatt project was to be developed by the Kohala Hydropower Company Private Limited. Disputes over this project took place in 2019 between Pakistan and China, which they tried to resolve but the Chinese firm refused to accept the dispute resolution plan approved by the government of Pakistan.

---

On June 25, 2020, a “tripartite” agreement for implementing the Kohala project was signed between the China Three Gorges Corporation, the government of Pakistan-occupied Kashmir (PoK) and Private Power and Infrastructure Board. The project is likely to cost USD 2.4 billion. International Finance Corporation and Silk Road Fund are also sponsors of this project.

The third hydropower project agreed upon between Pakistan and China was in July 2020 and is at Azad Pattan. It is located on the River Jhelum near the village of Muslimabad in the district of Sudhnoti, in Pakistan-occupied Kashmir (PoK). This will be carried out by the Power Universal Company Limited which is owned and controlled by the China Gezhouba group.


The Indus at the site of the proposed Diamer-Basha dam. Photo: Water and Power Development Authority, Pakistan

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For the government of Pakistan, both the Kohala and the Azad Pattan projects are likely to bring about USD 4 billion in the form of investments, produce around 1800 MW of hydel power and create 8,000 jobs.

----

One of the major reasons Pakistan is entering into such a deal is to use the available water efficiently, as the country is experiencing water shortage and its yearly water availability is now less than 1000 cubic meters per person. Through dams, it is trying to manage its water resources, mainly for agricultural purpose on which the country’s economy depends.

Second, Pakistan faces a shortage of electricity. In 2019, the transmission and distribution capacity of Pakistan was stalled at approximately 22,000 MW while the maximum demand from the residential and industrial areas was about 25,000 MW. This implied a deficit of 3000 MW. Hydroelectricity will add to the total electricity generated and will help in reducing the supply-demand deficit.

Comment by Riaz Haq on October 29, 2020 at 3:29pm

#Pakistan: Work On Mega Dams Projects Going On A Fast Pace After 5 Decades. Total #water storage capacity of these dams is about 8.7 million-acre-feet (MAF). Diamer Bhasha #dam would add 35 years of life to Tarbela dam by cutting sedimentation- UrduPoint https://www.urdupoint.com/en/pakistan/work-on-mega-dams-projects-go...


"We can save this water by increasing storage capacity and bring virgin land under cultivation, said Indus River System Authority Chairman Rao Irshad Ali Khan.� He was of the view that�construction of mega dams including Diamer Basha and Mohmand would enable Pakistan to streamline its off-set�water induced variations in water flow.

The Diamer Bhasha dam would add 35 years to the life of� Tarbela dam by reducing sedimentation, he said.� According to Chairman WAPDA Gen retired Muzammil Hussain both the dams would be with cumulative gross water storage capacity of 9.3 million acre feet (MAF) and electricity generation capacity of 5300 mega watts (MW).� He said that Diamer Bhasha Dam was a multi-purpose project aimed at water storage, flood mitigation and power generation.

The project would be constructed across River Indus about 40-kilometer downstream of Chillas town. The 272-meter high Roller Compacted Concrete (RCC) Dam would have a gross water storage capacity of 8.1 million acre feet (MAF).

The project will generate 4500 MW of electricity with annual energy generation of more than 18 billion units of low-cost and environment friendly electricity.With construction of Diamer Basha Dam Project, the life of Tarbela Dam will be enhanced to another�35 years.

It will also have a positive impact on the annual energy generation of the projects in the downstream areas.

Regarding Mohmand Dam, the WAPDA chairman said that the work on the construction of the dam was going on fast track and would be completed by 2024.

�"The project is of immense importance and it will store 1.2 million acre feet (MAF) of�water�for irrigated agriculture, help mitigate floods in Peshawar, Charsadda and Nowshera and generate 800 mega watt (MW) of green and clean energy.

�The Spokesperson WAPDA told APP that Diamer Bhasha Dam Project would stimulate economic activities in the far-flung and� backward areas of Gilgit-Baltistan, providing as many as 16550 job opportunities to the� locals and Pakistani engineers, he added.

He said that construction of the dam would help bring as many as 1.23 million acres of� additional land under cultivation, following which annual agricultural benefits of the� project had been estimated at Rs. 279 billion.Meanwhile, the Federal government is also providing funds for construction of 60 small, medium,�large and delayed action/recharge dam projects in the country through the Federal Public Sector Development Program (PSDP) aimed at providing water for irrigation/ agriculture, and drinking purposes.

The accumulative live storage capacity of these dams is about 8,683,699 Acre-feet. As many as 17 dams projects are likely to be completed during the current fiscal year and they are small dams in Tehsil Dobandi, Gulistan Killa, Bhundaro storage dam, Dosi dam Pasni, Darah dam Khuzadar, Mangi dam Quetta, Mara Tangi dam Loralai, Tuk dam Tehsil Wadh, Anjeeri dam Nushko, Azdhakhoi dam, Baghi dam Naushki, delay actions dams in Siaro Hazar Ganji Nal, small dam at Sardari Goz Darkhalo, small dam Kunji Ferzabad, and Sukleji dam etc.

During last decade, WAPDA had completed Mangla Dam Raising(2.88 MAF), Gomal Zam Dam (0.892 MAF), Satpara Dam(0.053 MAF) and Darawat Dam (0.089 MAF) to store water.

WAPDA is also planning to construct Kurram Tangi Dam Stage-II (0.90 MAF), Chiniot Dam (0.85 MAF), Shyok Dam (5.0 MAF), Akhori Dam (6.0 MAF), Dudhnial Dam (1.00 MAF), Skardu Dam (3.20 MAF) and Sindh Barrage (2.00 MAF) to cope with the issues of water shortage in the country.

Comment by Riaz Haq on February 18, 2021 at 5:50pm

#Pakistan to issue a $500 million green bonds to boost #hydropower. Engages JP Morgan to underwrite as part of #investment in #renewableenergy for #green #economic stimulus. It’s banning new #coal power plants and planting 10 billion #trees https://www.bloomberg.com/news/articles/2021-02-18/pakistan-plans-f... via @business


Pakistan’s government is planning to issue a $500 million green bond in the next few months to help boost its development of hydroelectric power.

The bond, denominated in euros, will be the government’s first to fund environmental goals, Malik Amin Aslam, an adviser to Prime Minister Imran Khan on climate change, said in an interview. It is set to be issued through the country’s state-owned Water & Power Development Authority, with JPMorgan Chase & Co. advising, he said.

“We’ve got a lot of hydro potential in Pakistan,” he said on Thursday. “The bonds are there to accelerate this.”

Khan’s government is investing in renewable energy to ramp up its economic stimulus in the wake of the pandemic. It’s also promised to ban new coal power plants and is looking to plant 10 billion trees. The nation’s cities rank among the worst globally for air pollution, according to IQAir.

The South Asian nation has a fragile economy that goes through regular boom and bust cycles. It received debt relief during the pandemic, restoring its $6 billion bailout program that it secured from the International Monetary Fund in 2019 to avoid bankruptcy.

Issuance of green bonds globally is seen surging to $375 billion in 2021 by Moody’s Investors Service, after record sales last year. While Europe has led the way, countries from Singapore to Brazil plan to sell their first to tap buoyant investor demand.

JPMorgan, the world’s top arranger of green debt, declined to comment.

Comment by Riaz Haq on August 9, 2021 at 8:55pm

#Pakistan to bring fresh air to cities with 10 billion trees planted using Japanese botanist #Miyawaki's technique. #Lahore urban #forest covers 12.5 acres with over 165,000 plants, expected to grow 10X faster than normal by planting them close together. https://www.reuters.com/world/asia-pacific/pakistan-seeks-bring-fre...

As Pakistan continues its massive drive to plant 10 billion trees to reduce smog, the country's prime minister urged his citizens to heed the dire warnings in a U.N. climate change report released on Monday.

Prime Minister Imran Khan made the remarks as he inaugurated what officials say is the largest urban Miyawaki forest project in the world. Using a technique pioneered by the late Japanese botanist Akira Miyawaki, the forest covers 12.5 acres and has more than 165,000 plants. Officials say the trees are expected to grow 10 times faster than normal due to the Miyawaki technique of planting them close together.

The forest is one of 53 such sites in Lahore that are expected to work as carbon sinks. The city of 10 million has grappled with smog in recent years that has forced schools to close and earned it a ranking among the world's most polluted cities.

"Humans have done such a disservice to God's blessings, to this world, that many things - rising sea levels for instance because of warming and emissions - cannot come back to how they were before," Khan said in the central city of Lahore. "All of us living in the world today, if we do all we can, maybe we can save the world from even worse harm to come."

The U.N.'s Intergovernmental Panel on Climate Change said Monday that human influence has warmed the atmosphere, ocean and land. Even the starkest measures to reduce emissions, it said, would not prevent a global warming of 1.5 degrees Celsius, and the extreme weather and rising sea levels resulting from that change. read more

Since the tree planting drive started in 2018, the country has 1 billion more trees and is planting another 500 million during the monsoon season.

"If you are concerned about your children and their future, the least you can do is plant one tree and take care of it," Khan said.

Comment by Riaz Haq on November 21, 2021 at 10:14am

Pakistan Water and Power Development Authority (WAPDA) is executing the biggest-ever portfolio of development projects in Pakistan including Diamer Basha Dam, Dasu Hydropower Project and Mohmand Dam worth $26 billion after a span of almost five decades by adopting an innovative financing strategy on the back of a robust capital structure and strong balance sheet footing.

https://nation.com.pk/11-Nov-2021/wapda-executing-projects-worth-dollar-26-billion-says-chairman


WAPDA Chairman Lt Gen Muzammil Hussain (retd) highlighted this in the meeting with a delegation of JP Morgan comprising senior representatives namely Asif Raza, Managing Director Global Corporate Bank CEEMEA, Imran Zaidi, Managing Director Global Corporate Bank covering Middle East and North Africa (MENA) and Amin M Khawaja, Chief Executive Officer Pakistan. WAPDA Member (Finance) Naveed Asghar was also present on the occasion.

Giving a run-down of 10 under construction WAPDA projects, the chairman said that these projects would enhance water storage capacity by more than 11 MAF and add another 9,000 MW of hydel electricity to the system. WAPDA has unparalleled institutional capacity to identify and implement multipurpose hydropower projects. It has adopted a multi-pronged strategy including Green Eurobonds and Syndicate loans etc for implementation of its projects. This was a radical shift from entire reliance on the Government of Pakistan. WAPDA’s business model has an important role to play in the development of a sustainable and lower-carbon economy in Pakistan, he said. The chairman said that WAPDA would continue to approach the international financial and capital market in a staggered mode, to minimise financing cost, in line with its financing requirements and would look forward to bring further investments in the hydropower sector which would go a long way to reduce carbon footprint in the power generation sector of Pakistan. He appreciated the role played by JP Morgan as the lead arranger for WAPDA’s debut Green Eurobond issuance alongside Deutsche, Standard Chartered and HBL Bank.

Comment by Riaz Haq on March 16, 2022 at 12:47pm

Fitch Affirms Pakistan Water and Power Development Authority at 'B-'; Outlook Stable


https://www.fitchratings.com/research/international-public-finance/...



WAPDA is established under a special statute. The Authority has close operational and administrative linkage to the government and is mandated to develop water and power resources in Pakistan. The government exercise strong influence over WAPDA's corporate governance and debt, sanctioned by the government, shall be transferred to the government according to the Pakistan Water and Power Development Authority Act.

KEY RATING DRIVERS
Status, Ownership and Control: 'Very Strong'


Our 'Very Strong' assessment of 'Status, Ownership and Control' remains unchanged, given the strong statutory support, stable government ownership - which we do not expect to change - and high level of government control. Employees of WAPDA are deemed to be public servants when acting in pursuance of WAPDA activities. The government has strong influence on WAPDA's corporate governance, including budget, accounts, financing activity and new power station investment plans, because the Authority is mandated to execute the government's responsibility of utilising Pakistan's water and power resources.

Support Track Record: 'Very Strong'


The build-up of circular debt in the energy sector exposes WAPDA to external funding. The government aims to mitigate the circular debt issue by providing financial support; it had guaranteed 22% of WAPDA's interest-bearing debt as of June 2021 and 56% of the debt comprises of government loans. The government will be liable for loans passed by the Authority with the sanction of the government under the WAPDA Act. Supportive policies, such as corporate tax exemptions, land acquisitions and a tariff mechanism, also enhance WAPDA's operational stability.

Socio-Political Implications of Default: 'Strong'


Pakistan's policies aim to boost the hydropower generation mix and reduce reliance on fossils. WAPDA's hydropower generation accounted for 27% of the generation mix in 2021, while other renewable energy only accounted for 3%. The government aims for hydro power to contribute over 40% of Pakistan's energy demand by 2030, implying that the development of hydropower generation is of significant strategic importance to the country. We believe WAPDA's installed capacity would be difficult to substitute and that any transition process would lead to severe service disruption.

Financial Implications of Default: 'Very Strong'


We deem WAPDA as a proxy financing vehicle for the government in the energy sector. The Authority still relies on the government to fund its investments, although it is expanding its borrowing capacity, including via recent bond issues. We believe the government's borrowing ability would be significantly impaired if WAPDA come under financial stress due to the high level of funding it receives from international development finance institutions and its debt mix - 78% of interest-bearing debt comprised loans or was guaranteed by the government.

Derivation Summary

WAPDA's ratings reflect our assessment of government linkage and support incentive and results in a weighted score of 50, based on our Government-Related Entities Rating Criteria. We adopt a top-down approach and equalise WAPDA's rating with those of Pakistan (B-/Stable), regardless of WAPDA's Standalone Credit Profile.

Comment by Riaz Haq on April 7, 2023 at 7:55am

Saudi Arabia signs $240m loan agreement to support Mohmand Dam

https://www.dawn.com/news/1746406/saudi-arabia-signs-240m-loan-agre...

The statement noted that the project is expected to enhance water and food security, and improve the standard of living for people in Khyber Pakhtunkhwa, where almost 80 per cent of the population resides in rural areas, boosting the region’s socioeconomic development by creating employment opportunities and reducing poverty levels.

It added that by using renewable energy sources, the project will generate 800 MW of electricity production capacity, contributing to Pakistan’s energy security. In addition, the storage of 1.6 million cubic meters of water will support sustainable agricultural practices, enable irrigation of 6,773 hectares of new land, and increase the total cropping area from 1,517 hectares to 9,227 hectares in the province, facilitating agricultural activities.

Co-financed by the SFD, OPEC, Islamic Development Bank, and the Kuwait Fund for Arab Economic Development, the project aligns with SDG-2 (Food Security), SDG-6 (Clean Water), and SDG-7 (Clean Energy) and embodies SDG-17 (Partnerships for the Goals).

During the agreement signing ceremony, the CEO of SFD said this initiative is an extension of the fund’s continued support for development projects and programmes in Pakistan since its inception. He also highlighted the significance of joint cooperation between development funds, as evidenced by this project.

For his part, Dr Niaz expressed his sincere appreciation and gratitude to the Kingdom of Saudi Arabia for its unwavering support towards the development sector in Pakistan through the SFD.

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