Off the wire
New rules to limit big shareholders' stock selling  • Huawei to provide first copper-based broadband service in Latin America  • Biker gang leaders indicted in U.S. state of Texas  • New Zealand government denies date set for TPP signing  • Singapore's public housing resale down 4.3 pct in December 2015  • New domestic flight serves Tibet  • Beijing's ACG industry rises  • 1st Ld: China's stock markets halted for day as shares tumble 7 pct  • 1st Ld Writethru: Indian-controlled Kashmir Chief Minister Mufti Sayeed dies  • Park, Obama agree to push strong UN resolutions over DPRK's nuke test  
You are here:   Home

China to help develop Pakistan hydropower project

Xinhua, January 7, 2016 Adjust font size:

China Three Gorges Corporation (CTGC), the state-owned hydropower developer, has won the right to develop a hydropower project in Pakistan, CTGC announced on Thursday.

The Kohala Hydropower Project, the firm's biggest investment in the Pakistani hydropower market, is expected to have an installed capacity of 1.1 million kilowatts.

The project is part of the China-Pakistan Economic Corridor, a 3,000-km network of roads, railways and energy infrastructure to assist development in Pakistan and boost growth for the Chinese border economy.

In September, CTGC registered a subsidiary for the project in Pakistan. A Pakistani government supporting letter for the project was issued last week, CTGC said.

Established in 1993, CTGC is "a clean energy group focusing on large-scale hydropower development and operation." It manages the development and operation of the Three Gorges Project, the world's largest hydropower project in terms of installed capacity, according to its official website. Endi