It is expected that the 720-megawatt Karot Hydropower Plant which is a big pilot project under the China-Pakistan Economic Corridor (CPEC) will start its start commercial operations by the end of 2021. The plant is located 70 km east of Islamabad.
As per the details, 70% of the overall construction work is done.
The deputy general manager of Karot Power Company said, “Once it gets functional, the CPEC project will annually generate 3.2 billion units of clean electricity meeting the electricity demand of around 5 million local people and optimizing the energy consumption structure in the country.”
The project has provided job opportunities for local people. Almost 5000 Pakistanis have been hired to work on the project. The number of Chinese staff is almost one-fourth of the locals.
It is pertinent to mention here that the Chinese and Pakistani workers have acquired professional skills from each other. The construction of the project is being done at river Jehlum. The estimated cost of the project is $1420 million. In February 2017, the financial close of the project was achieved and the land acquisition award was also done.
Also, the work for access road construction, bridges, concrete batching plant, diversion tunnel, and spillway is in process.
The Karot Hydropower Project is a 720 MW run-of-river project. It is to be constructed by Karot Power Company (KPCL). It is a special purpose project in which the shares are also held by the China Three Gorges South Asia Investment (CSAIL).
The reservoir storage capacity of the hydropower project (HPP) will be 164.5m. The project will help in improving the dependability of the energy supply in the region which will in turn aid the locals.