| Project Detail |
1124 MW Kohala Hydropower Project is the largest green field project among China’s hydropower overseas investment to date. Located in northeastern region of Pakistan in Azad Jammu & Kashmir (AJK) on Jhelum River, the Project has been listed as the “Actively Promoted Project” in the China-Pakistan Economic Corridor (CPEC) since August, 2014 with both the Governments of China and Pakistan keen for fast track implementation of the Project for providing cheap and reliable electricity to the National Grid of Pakistan and AJ&K. The Project is being developed under the Government of Pakistan (GoP)’s Power Policy 2002 on a Build-Own-Operate Transfer (BOOT) basis with an expected concession period of approximately 36.5 years, which includes the construction period of 6.5 years and the operation period of 30 years. The concession period would start with the achievement of Financial Close of the Project.
Salient Features
General
• Project Company : Kohala Hydro Company (Pvt.) Ltd. (KHCL)
• Location : In District Muzaffarabad, AJK
• River : Jhelum River
Technical
• Capacity : 1124 MW
• Energy : 5,149 GWh
• Project Type : Run-of-River with 57 m Weir
• Reservoir capacity : 19.90 million m3
• Tunnel Length : 2 x 17.4 km
• Average Annual Discharge : 302 m3/s
• Total Plant Factor : 52.29%
Key Milestones
• Issuance of LOS by PPIB : Dec 31, 2015
• NOC for Environmental study by AJK EPA : Dec 22, 2016
• EPC Stage Tariff determination by NEPRA : Apr 2, 2018
• Expected Financial Closing (FC) Date : Jul 31, 2019
• Expected Completion Date (COD) : Dec 31, 2025 |
