Believ­es it will begin operat­ion in 4 years, genera­te $200m in revenu­eLAHORE: After riding on the success of Tarbela fourth extension hydroelectric power project, the World Bank and the Water and Power Development Authority (Wapda) foresee the completion of Tarbela fifth extension project by 2023. After successful completion of the fourth extension project with capacity of 1,410 megawatts, the World Bank is moving forward to start the next phase of its renewable energy plan for Pakistan, namely the Tarbela fifth extension project. The World Bank recently concluded its Pakistan mission meeting, which was attended by the Wapda management, World Bank team leader Dr Rikard Liden and Adviser to the World Bank on Hydropower Masood Ahmad. The success of Tarbela fourth extension has also encouraged other international donors including the Asian Infrastructure Investment Bank (AIIB). In its Annual Infrastructure Report for 2019, the AIIB reaffirmed its commitment to the upcoming Tarbela fifth extension.

Source: The Express Tribune March 13, 2019 03:22 UTC