A group of Korean firms are coming together to invest $3bn in two hydro power projects in Pakistan.

Korean based K-Water, Korean Midland Power and Posco Engineering and Construction are planning the project to be located at the River Indus in district Kohistan-Khyber Pakhtunkhwa in Pakistan.

Hydroelectric power

K-Water will construct the 665MW Lower Pallas Valley hydropower project which is estimated to cost $763m, reports Energy Business Review, while a consortium of two Korean Midland Power and Posco Engineering and Construction will build Lower Spat Gah hydropower.

That project is estimated to cost $697m, and will have a total capacity of 496MW.

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