KP signed an agreement of 870 MW Suki Kinari Hydro Power Project with China. Under the agreement this mega project would be completed at a cost of Rs. 200 Billion within 5 years. KP will get Rs. 1.5 Billion annual as water used charges. This mega project is not only useful for KP but for the entire country as it would prove helpful in removing short fall of electricity in Pakistan. Suki Kinari Hydro Power Project at the end of concession period will be transferred to GoKP free of cost and its full income would be given to KP. The project is located on the Kunhar river in the Kaghan valley of Mansehra District and is being constructed as part of CPEC.
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