Neelum-Jhelum Project nearing completion, to add 969 MW to national grid

news46sf556fThe Neelum-Jhelum Hydropower Project, having capacity of 969 megawatt, is nearing completion whereby 82 per cent physical work is done with co-financing of China and state-owned National Bank of Pakistan for total estimated cost of Rs 404 billion.

“With completion of this mega project by June 2017, the country will get 5.150 billion unit electricity on per annum basis, generating revenues of Rs 55 billion and ensure saving of 2.5 million tons of furnace oil,” Project Director Nayyar Alludin said in an interview on Tuesday