Prime Minister Pakistan Imran Khan has said that the Azad Pattan Hydropower Project is a project of China Pakistan Economic Corridor. The government of Pakistan is making the project with its own resources as an investment and not by taking loans. With an investment of $1.5 billion-no fuel import, the country would move towards cheaper and greener power.
Last year in November, Pakistan and China agreed to include 700 megawatts Azad Pattan Hydropower Project under the CPEC which is to be financed through Chinese currency. The project is a run-of-the-river scheme on the River Jhelum, in the Azad Jammu and Kashmir, with a capability of four hours of daily peaking.
The project would deliver approximately 3.3 billion units of clean, renewable energy in the grid after its completion in 2026.