The World Bank decided to start two new power projects in Swat, Khyber Pakhtunkhawa, in 023, which will help in generating Rs 13 billion for Pakistan economy. The Pakistani government ordered security forces to complete all the documents for security assurance of people coming to Pakistan for this project.
This decision of starting the power project is finalised in a world bank meeting with power and energy secretary Nisar Ahmad Khan. The previous power project in Swat was delayed because of security issues faced by Chinese engineers. The engineers stopped working and moved to Islamabad.
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The World Bank senior energy and power specialist Muhammad Saqib, chief Executive PEDO Naeem Khan, and project seniors also participated in the meeting. The PEDO engineer said that with the financial support world bank, the two power projects will be start this year, 157 MW Maidyen Hydropower Project and 88 MW Gabral Kalam Power Project is included in the list.
A $450 Million agreement is signed between World Bank and KP government, until the completion of project in 2027. The Secretary energy said that these projects will start a new era of progress for the province, and important for development of country as well.
He further added that this project will increase the chances of employment for local people of province. He said that it would be a great opportunity for investors to invest in KPK.
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He said that the provincial government staff is working to ensure the fool-proof security for all the workers on energy projects.The secretary power and energy ordered the security officials to start working on security concerns and start practical work on era of projects.