Kohala Hydel Power Project signing ceremony to be held today

Chairman  China-Pakistan Economic Corridor (CPEC) Lieutenant General (retired) Asim Saleem Bajwa has said that tripartite agreement signing ceremony for Kohala Hydel Power Project will be held today.

Taking to his twitter handle, he said that $2.4 billion is being invested in one Independent Power Producer (IPP) of largest power sector.

“Historic day-Tripartite Agreement signing ceremony for Kohala Hydel Power Project being held today.Largest power sector investment of $2.4 Bn in one IPP.With PM’s clear direction to expedite CPEC projects,all stake holders worked hard to bring this day”

Historic day-Tripartite Agreement signing ceremony for Kohala Hydel Power Project being held today.Largest power sector investment of $2.4 Bn in one IPP.With PM’s clear direction to expedite CPEC projects,all stake holders worked hard to bring this day #CPEC #cpecmakingprogress

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— Asim Saleem Bajwa (@AsimSBajwa) June 25, 2020

Earlier Chairman CPEC Authority Lt. General (retired) Asim Saleem Bajwa said that some detractors giving false impression of the project  slowed.

Asim Saleem Bajwa said not only pace of work on projects has picked up recently, a great deal ground work done to launch phase-2.

Furthermore he said $ 7.2 billion ML-1, two Hydel Power projects investing $3.5 billion, special economic zones (SEZs) and agriculture are coming soon.

Moreover he added that scope of the project  actually enhanced.