Key Takeaways
- Balakot Hydropower Project, KPK’s largest, to generate Rs15bn annually.
- Project completed with support from ADB and AIIB, expected to be finished in 6 years.
- Training program for PEDO staff aims to strengthen institutional capacity.
PESHAWAR: The provincial government of Khyber Pakhtunkhwa (KPK) is making significant strides in the development of the Balakot Hydropower Project (HPP), which is set to generate Rs15 billion annually for the province. This project, the largest in the region, is being constructed with financial support from the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB).
Provincial Minister of Energy and Power, Nazir Ahmad Abbasi, highlighted the importance of the project during a certificates distribution ceremony at PEDO House in Peshawar. Abbasi stated that the project will be completed in the next six years by a team of Chinese construction company Gazoba China and Turkish consultant company Dolsar.
The minister emphasized that the Community Support and Development Program is an essential component of the project. He praised the CEO of PEDO, Engineer Anwarul Haq, and his team for their efforts in training the field staff, particularly those working on the project. Abbasi expressed his commitment to ensuring the project is completed within the stipulated time while maintaining quality standards.
The training program, part of the Community Support and Development Program, was designed to strengthen the institutional capacity of PEDO. At the ceremony, certificates and mementos were distributed to the trained field staff of PEDO. Abbasi stressed the importance of continuing such training activities in other projects to enhance the capacity of the field staff.
The Balakot HPP is expected to create new employment opportunities and stabilize the KPK economy. Nazir Ahmad Abbasi termed the project a game-changer, highlighting its potential to bring about a new era of development in the province.
The project is being carried out under the supervision of PEDO, with the goal of completing it in six years. The minister expressed his determination to see the project through, ensuring that it meets the quality standards set by the government.
The completion of the Balakot HPP is anticipated to have a significant positive impact on the local economy, generating substantial revenue and creating jobs. The project’s success will depend on the timely and efficient execution of the construction work and the training of the field staff.
The provincial government is committed to ensuring that the project is completed within the stipulated time frame, with a focus on quality and efficiency. The training of the field staff is seen as a crucial step in achieving these goals.
The completion of the project will generate an annual income of Rs 15 billion for the province.
Provincial Minister Energy and Power Nazir Ahmad Abbasi, Provincial Minister of Energy and Power
Training of the field staff, especially the field team working on the project, is very important.
Provincial Minister Energy and Power Nazir Ahmad Abbasi, Provincial Minister of Energy and Power
