18 October 2013
Oil cartel OPEC has decided to give Pakistan a $50m loan for a new hydropower plant with an installed capacity of nearly 1GW.
Saudi Arabia has also signed a loan agreement for the project, reports hydroworld.com.
The hydroplant will divert water from the Neelum river to a power station on the Jhelum river (pictured) (Credit: Acha bacha1/Wikimedia)
Construction of the 969MW Neelum-Jhelum hydroplant has sparked controversy India, which believes the project violates the 1960 Indus Water Treaty covering the Jhelum river.
The new scheme will divert water from the Neelum river to a power station on the Jhelum river and is expected to start generating power at the end of 2015.