Balakot Hydropower Development Project | Accountability Console
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Balakot Hydropower Development Project

Sectors

Energy

Description:

Projects in this Sector: 222

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Issues Raised

Unknown

Description:

Projects with this Issue Raised: 637

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Project Information

Investment ID: 49055-007

Bank: Asian Development Bank

Environmental Category: A

Country: Pakistan

Region: South Asia

Approval Date: March 31, 2021

Investment Types: Loans

Total Project Cost: USD 550.0 million

Total Complaints: 1

Description

The project will provide financing to construct a 300 megawatt (MW) run-of-river hydro power plant located on the Kunhar river in Mansehra District, Khyber Pakhtunkhwa (KBK) province of Pakistan. The project will (i) improve energy security by increasing the clean energy share in the country's energy mix currently dominated by thermal power generation, (ii) boost provincial economy and promote revenue generating investments in the hydro abundant province of KPK, and (iii) build capacity and awareness on climate change impacts, adaptation and mitigation measures. The project also targets to improve the quality of life for women in communities surrounding the project area and promotes gender mainstreaming.

Investments

Investment Type ID Amount Status Bank Client
Loans 49055-007 USD 300.0 million Active ADB

Related Complaints

Asian Development Bank SPF CRP Complaints IAM Country Date Filed Status
Balakot Hydropower Development Project ADB SPF CRP Pakistan 22/01/2023 Closed Without Outputs