This was disclosed by CTG Int’l, which marks the completion of the first year of the commercial operations of the Karot hydropower project. Karot was the first hydropower project completed under the China-Pakistan Economic Corridor (CPEC) initiative, which started commercial operations on June 29, 2022.
According to a Gwadar Pro’s report, Karot contributed Rs4 billion worth of electricity to the National Grid free of cost during its testing and commissioning phase.
Karot is a steady source of clean and affordable electricity for Pakistan. According to the latest energy purchase data released on June 15 by the National Electric Power Regulatory Authority (NEPRA), Karot contributed more than 509.86 million units of electricity in May 2023 at a cost of Rs115.02 million.
It comes out that the electricity generation cost for this flagship CPEC power project stood at only Rs0.226 per unit for the month of May.
The project was executed by China Three Gorges (CTG) at a cost of around $2 billion.
