With security package two power projects for
KP stand clear

The World Bank (WB) would provide financial assistance for the construction work on two hydropower projects of 245 megawatts in the district Swat of Khyber Pakhtunkhwa (KP).
After its completion, the project would generate an annual income of over Rs13 billion for the province, a report said.
The authorities have also decided to add a security package by making quick amendments to the documents before starting these energy projects.
This decision was taken in a high-level meeting with the World Bank mission which was attended by Secretary of Energy and Power Nisar Ahmad Khan.
WB Senior Energy Specialist Muhammad Saqib, members of the World Bank mission, Chief Executive Officer (CEO) Pakhtunkhwa Energy Development Organisation (PEDO), Engineer Naeem Khan, Chief Engineer of KHRE Program Shah Hussain, and respective project directors.
Briefing the moot, Chief Executive PEDO Engineer Naeem Khan said that with the financial support of the WB, the construction work on 2 hydropower projects in the Swat district of Khyber Pakhtunkhwa would start in the year 2023, which include 157MW Maidyen Hydropower Project and 88MW GabralKalam Hydropower Project.
A US$450 million agreement has already been signed between the WB and the provincial government. Both projects will be completed by 2027.
Secretary Energy KP, Nisar Ahmad Khan reportedly said that both power projects were very important for the development and prosperity of the province. The completion of the projects would start a new era of development in the province. The projects will not only bring huge investment in the province but also create new employment opportunities.
He assured the World Bank mission that the provincial government was making fool-proof arrangements for the security of the staff working on the energy projects and was in touch with the local police, administration, and other security agencies.
He issued instructions to the officials that a security package should be prepared and practical work may soon be started so that the people of the province can benefit from its fruits. — ERMD