Business
France to provide €120m for Keyal Khuwar hydropower project
The project will contribute to Pakistan’s strategy to develop green energy
Paris: France will provide a soft loan of 120 million euro for Keyal Khuwar 128 megawatt hydropower project in Khyber Pakhtunkhwa.
An agreement to this effect was signed between the Ministry of Economic Affairs and French Agency for Development in Islamabad.
Secretary Economic Affairs Dr. Kazim Niaz and Country Director AFD Mr. Philippe Steinmetz signed the agreement.
The funding will help enhance competitiveness of renewable power generation as well as promoting affordability and scaling up the energy supply.
The project will contribute to Pakistan’s strategy to develop green energy, reduce greenhouse gas emissions and climate-friendly projects, in line with the French pledge and commitments announced at the International Conference on Climate Resilient Pakistan in Geneva this month.
-
Business 2 days ago
Gold price jacks up by Rs2400 per tola in Pakistan
-
Pakistan 2 days ago
PM Shehbaz Sharif meets Saudi Foreign Minister
-
Regional 1 day ago
Amazon is filled with garbage ebooks. Here’s how they get made.
-
Pakistan 1 day ago
By-elections: Two exams of intermediate postponed
-
Technology 2 days ago
Adobe Premiere Pro is getting generative AI video tools — and hopefully OpenAI’s Sora
-
Pakistan 2 days ago
Faizabad Dharna Inquiry Commission gives clean chit to Faiz Hameed
-
Pakistan 1 day ago
Asif Zardari to address joint session of Parliament today
-
Pakistan 2 days ago
LHC disposes of appeal of Imran Khan's security in jail