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Pakistan, China sign agreement for Azad Pattan Hydel Power Project under CPEC

Pakistan, China sign agreement for Azad Pattan Hydel Power Project under CPEC
July 6, 2020
ISLAMABAD (92 News) – Pakistan and China signed an agreement for the construction of Azad Pattan Hydel Power Project under CPEC on Monday. Prime Minister Imran Khan witnessed the agreement-signing ceremony. Speaking on the occasion, the CPEC project will guarantee the progress of Pakistan. “The project will provide cheap electricity. Green Energy will not cause damage to environment,” he said. He said that the power projects destroyed due to oil. “Electricity rates were also increased due to depreciation of the rupee,” he added. As part of CPEC, with an investment of 1.5 billion dollars and 700.7 megawatts of electricity, Azad Pattan will involve no fuel import, enabling the country to move towards cheaper and greener power while generating local job opportunities. The project is located at River Jhelum and is expected to be completed in 2026.