Balakot Hydropower Project
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| Balakot Hydropower Project | |
|---|---|
| Country | Pakistan |
| Location | Kunhar River, Khyber Pakhtunkhwa |
| Status | under construction |
| Construction began | September 2022[1] |
| Construction cost | USD 550 million |
| Owner | Government of Khyber Pakhtunkhwa[2] |
| Operators | Pakhtunkhwa Energy Development Organisation, Government of Khyber Pakhtunkhwa |
| Power generation | |
| Units operational | 3 |
| Make and model | Francis turbines |
| Nameplate capacity | 300 MW |
| Annual net output | 1,143 GWh |
The Balakot Hydropower Project is designed as a run-of-river scheme and is slated to be built on the Kunhar River.[3] Its primary objective is to generate clean energy and alleviate the demand-supply disparity in Khyber Pakhtunkhwa and nearby areas.[4] The project is anticipated to yield a power generation capacity of 300 MW, contributing to a significant average annual energy production of 1143 GWh.[3][5]
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.[3][6][7]