Kohala Hydropower Company
Kohala Hydro Company (Pvt.) Limited (KHCL) incorporated on 22th September 2015 with the Securities and Exchange Commission of Pakistan is a special purpose vehicle (SPV) responsible for executing 1100MW Kohala Hydropower Project on Jhelum River in Azad Jammu and Kashmir in Private Sector. The project is being developed in the Private sector under the Power Policy 2002 on a Build-Own-Operate-Transfer (BOOT) basis with an expected concession period of approximately 37 years, which includes the construction period of 7 years and the operation period of 30 years.
The feasibility stage tariff has been determined by NEPRA on 9th April 2015 and the Letter of Support (‘’ LOS’’) has been issued subsequently by PPIB on 31st December, 2015. The Main Sponsor of Kohala hydropower Project is China Three Gorges South Asia Investment Limited, which is an investment arm of China Three Gorges Corporation (CTG) in South Asia. Known as the owner of reputable Three Gorges Project, CTG is a wholly state-owned enterprise with registered capital of USD 18.3 billion and strategically positioned to become a clean energy conglomerate specializing in large-scaled hydropower plant development and operationsSee more