Pakistan to receive $100m funds from Saudi for Neelam Jhelum hydro project

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

The Growing Significance of the Run-of-River Plants

As the world is looking out for ways in...

Advancements in Hydropower: Innovations to Expect in 2025

As the global community struggles to address the immediacy...

US Aims To Bring Down Hydrogen Electrolyser Costs In 2 Years

The Hydrogen and Fuel Cell Technologies Office- HFTO of...

Multi-Year Program Plan By HFTO To Widen US Clean Energy

It is worth taking into consideration that the Multi-Year...

Pakistan government is set to receive funds of about $100m from the Saudi Development Fund (SDF) to finance the development of Neelum Jhelum hydropower project in the country.

Confirming the investment, Pakistani Commercial Attaché Waseem Hayat Bajwa told Saudi Gazette that a delegation from the country has met officials from SDF and outlined draft of the $100 million loan agreement for the Neelum Jhelum Power Project.

The delegation comprised WAPDA chairman Raghib Abbas Shah, Additional Secretary Economic Affairs Division Haseeb Athar and Neelum Jhelum Hydro Power Project Lt General (Rtd) Muhammad Zubair CEO.

“This agreement has a vital importance, as Pakistan is going through a severe energy crisis and is in dire need of this financial assistance.”

Pakistan and SDF are expected to ink the credit agreement in September 2013 in Islamabad, Pakistan.

Latest stories

Related stories

The Growing Significance of the Run-of-River Plants

As the world is looking out for ways in...

Advancements in Hydropower: Innovations to Expect in 2025

As the global community struggles to address the immediacy...

US Aims To Bring Down Hydrogen Electrolyser Costs In 2 Years

The Hydrogen and Fuel Cell Technologies Office- HFTO of...

Multi-Year Program Plan By HFTO To Widen US Clean Energy

It is worth taking into consideration that the Multi-Year...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back