China to provide $ 448 million for 969 MW-Neelum Jhelum project

Islamabad: The China EXIM Bank will provide $ 448 million to help complete strategically important 969 MW-Neelum Jhelum Hydropower Project (NJHP). In yet another significant development, the Central Development Working Party (CDWP) has also approved revised PC-I of the project amounting to Rs. 274.882 billion. This was told in a meeting presided over by Water and Power Development Authority (WAPDA) Chairman Shakil Durrani to review progress on the project, being constructed on Neelum River in Azad Jammu and Kashmir