LAHORE: The Islamic Development Bank (IDB) has selected the three hydropower projects – Khan Khwar, Allai Khwar and Duber Khwar –operated by the Water and Power Development Authority (WAPDA) for its report on successful financial projects of the IDB.
The report being documented now-a-days will be presented during the 42nd Annual Meeting of the IDB Board of Governors to be held in Jeddah on May 17 and 18 this year for showcasing successful contribution of the IDB to its member countries during the last six years.
The IDB had provided financial assistance to the tune of $ 150.2 million for construction of the projects in Pakistan.
It is pertinent to mention that the three high-head hydropower projects – commonly known as Khwar projects – have been constructed on the tributaries of Indus River Indus in Khyber Pakhtunkhwa.