The consortium and the government have signed a memorandum of understanding (MoU), under which they plan to add 1,000MW of hydro energy in the province.
The agreement was signed by Secretary Energy and Power Khalid Gillani and Galaxy Group chief executive Edward Brigham.
Projects will be developed through a public-private partnership (PPP) or build, own, operate and Transfer (BOOT).
Locations for the projects will be shortlisted by mutual agreement of the government and the company with provincial government providing one window facility to the consortium.
