Civil works contract for 128-MW Keyal Khwar Hydropower

No. 70
Civil works contract for 128-MW Keyal Khwar Hydropower Project awarded
Lahore: September 19, 2014: The Pakistan Water and Power Development
Authority (WAPDA) and a joint venture comprising Sinohydro and Hajvairy Group
signed a contract of civil works for Keyal Khwar Hydropower Project worth Rs.14.544
billion in WAPDA House here today. WAPDA Member (Water) Muhammad Shoaib Iqbal
and General Manager Sinohydro Duan Jianxia signed the contract on behalf of WAPDA
and the joint venture respectively.
The signing ceremony was witnessed by WAPDA Member (Finance) Anwar-ulHaq, senior officers of WAPDA and representatives of joint venture.
WAPDA is constructing the 128 MW-Keyal Khwar Hydropower Project on a
tributary of Indus River in Kohistan district of Khyber Pakhtunkhwa province, about 310
kilometers from Islamabad. The project is scheduled to be completed in 4 years. On
completion, Keyal Khwar will generate 418 million units of low-cost hydel electricity per
annum.
The project is being jointly funded by the European Investment Bank (EIP), the
German Development Bank (KfW) and the Government of Pakistan. The European
Investment Bank and KfW are providing 100 million Euros and 97 million Euros
respectively for the purpose.
It is pertinent to mention that the ECNEC, in its meeting held on September 13,
2014 approved the revised PC-1 of the project with a rationalized cost of Rs. 27.8
billion. The German Development Bank had also issued a No Objection Letter (NOL) to
WAPDA for award of its civil works contract to the joint venture.
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