Ashkot is a 300MW hydro power project. It is planned on Neelum river/basin in Azad Kashmir, Pakistan. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2026.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 300 | – | 300 | Permitting | Azad Kashmir, Pakistan | Laraib Energy |
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Description
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The project is being developed and currently owned by Laraib Energy.
The gross head of the project will be 117m. The total number of penstocks, pipes or long channels that carry water down from the hydroelectric reservoir to the turbines inside the actual power station, is expected to be 5 in number. The penstock length will be 267m. The penstock diameter will be 3.4m. The project is expected to generate 1,347 GWh of electricity. The project cost is expected to be around $780m.
The hydro power project consists of 5 turbines, each with 60MW nameplate capacity.
The project will have 5 electric generators installed at the project site. The generator capacity is likely to be 70.6 MVA.
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By GlobalDataDevelopment Status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2026.
Power Purchase Agreement
The power generated from the project will be sold to K-Electric under a power purchase agreement.
About Laraib Energy
Laraib Energy Ltd (LEL), a subsidiary of The Hub Power Co Ltd, is an alternative energy company that develops hydro power projects. The company constructs and develops hydroelectric and river project such as New Bong Escape Hydroelectric Power Complex. LEL’s projects have been developed under build-own-operate-transfer basis. The company’s project is located near the downstream of the Mangla Dam, a multi-purpose water storage project. LEL’s energy is generated by the project evacuated through an in-out connecting arrangement with the double circuit Kharian and Mangla transmission lines. The company serves across Pakistan. LEL is headquartered in Islamabad, Pakistan.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
