Mansehra: According to news reports, Deputy Commissioner Mansehra Dr Qasim Ali Khan revealed on Tuesday (September 21) that the process of collecting more than 8,000 kanals of land for the building of the 300 megawatt (MW) Balakot Hydropower project in the district has begun.

Read More: $300 million approved by ADB for hydropower plant near Balakot

The imposition of Section-4 of the Land Acquisition Act 1894, as well as other requirements, are being completed, according to the deputy commissioner’s specifications.

He went on to say that land in the Balakot tehsil’s Sangar, Ghanool, Paras, and Bala Schain patwar circles was being acquired while district revenue department teams worked in their respective areas. The process of bidding and hiring contractors is now complete, and a consortium of companies has been selected to work on the hydropower project.

Read More: Construction banned in New Balakot City

It’s worth noting that the Khyber Pakhtunkhwa (KP) government approved the project’s execution in March of this year, after the Executive Committee of the National Economic Council (ECNEC) approved it at a cost of USD 750 million.

The project is being carried out by the Pakhtunkhwa Energy Development Organization near the 880 megawatt Suki Kinari Hydropower Project in the Kaghan Valley. The project is being carried out by the government of KP with financial assistance from the Asian Development Bank.

Stay tuned with Tajarat Property for more updates or information about the top-notch real estate projects like Blue World City or Blue World City Islamabad.