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Balakot Hydropower Development Project
Sectors
Issues Raised
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: 4
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 Power | ADB SPF CRP | Pakistan | 22/01/2023 | Closed Without Outputs |
Balakot Hydropower Development Power | ADB SPF CRP | Pakistan | 14/02/2024 | Closed Without Outputs |
Balakot Hydropower Development Project | ADB SPF CRP | Pakistan | 22/01/2023 | Closed Without Outputs |
Balakot Hydropower Development Project | ADB SPF CRP | Pakistan | 21/02/2024 | Active |