ADB eyes Pakistan's Balakot hydropower plant financing

In:

Power, Renewables

Region:

Asia-Pacific

By Max Thompson

ADB is eyeing up a $300 million loan to back the $755 million 300MW Balakot run-of-river hydropower plant in Pakistan. While the DFI is the lead co-financier on the deal, it has yet to provide final approval.The project, located on the Kunhar River in Masehra, Khyber Pakhtunkhwa, will produce around...

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