The China Pakistan Economic Corridor (CPEC) project of Karot Hydropower Station is now scheduled for completion by 2021, according to official sources.
The Karot Hydropower Project is a 720MW run-of-river project to be built on the Jhelum river, and is being developed by Karot Power Company (KPCL), a special purpose vehicle in which China Three Gorges South Asia Investment (CSAIL) also holds a shares.
The project will have a reservoir storage capacity of 164.5 million and is expected to create employment for 3,500 people, approximately 85 percent comprising local citizens.
The Karot Hydropower Project will help to improve the dependability of the energy supply in the region by providing up to 3,436 GWH of electricity per annum, the sources added.
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