ADB to Provide $97 Million Loan to Pakistan Hydropower Project

The Asian Development Bank will provide a $97 million loan for the 147-megawatt Patrind hydropower project in Pakistan, it said in a website statement.

The run-of-the-river Patrind hydropower plant, between the Kunhar and Jhelum rivers near Muzaffarabad, is being developed by Star Hydro Power Ltd., a joint venture between Korea Water Resources Corp., Daewoo Engineering and Construction Co. and Sambu Construction Co.

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