Pakistan’s hydropower ‘Karot’ to be completed in 2021

Pakistan’s hydropower entitled as “Karot” will be completed within two years and start power generation by April 2021 to resolve the Pakistan’s power supply bottleneck.

Pakistan's hydropower 'Karot' to be completed in 2021A Chinese firm ‘Three Gorges Corp’ will complete the $1.74 billion Karot hydropower project, where it is to use its own technology and principles to endow Pakistan with sustainable and stable energy.

Three Gorges Corporation added that being the first investment project of the Silk Road Fund, the hydropower project is expected to pay $23 million in taxes to the Pakistani government.

Ultimately, it also provides more than 2,200 jobs for locals during peak construction period, improving the job market in Pakistan.

The Chinese company currently has five green field investment projects in Pakistan, all being clean energy projects including hydropower and wind power, with a total installed capacity exceeding 2.6 million kilowatts, 9 percent of the country’s current installed electricity capacity.

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