Saudi Fund for Development (SFD) signs agreements to fund two Hydro Power Projects in Azad Jammu and Kashmir, totaling 70MW.

Saudi Fund for Development (SFD) signs agreements to fund two Hydro Power Projects in Azad Jammu and Kashmir. Led by CEO Sultan bin Abdulrahman Al-Marshid, the projects include the Shounter Hydro Project generating 48MW at $66M and Jagran-4 Hydro Project generating 22MW at $41M, contributing 70MW to the national grid. Special Investment Facilitation Council played a key role in facilitating these agreements.

March 31, 2024
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