Balakot Hydropower Project

The Balakot Hydropower Project is designed as a run-of-river scheme and is slated to be built on the Kunhar River. Its primary objective is to generate clean energy and alleviate the demand-supply disparity in Khyber Pakhtunkhwa and nearby areas. The project is anticipated to yield a power generation capacity of 300 MW, contributing to a significant average annual energy production of 1143 GWh. The Balakot Hydropower Project is a joint venture financially supported by both the Asian Development Bank and the Asian Infrastructure Investment Bank. The overall funding for this venture amounts to US$550 million, with the Asian Development Bank providing US$300 million, and the Asian Infrastructure Investment Bank contributing US$250 million.

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