The Korea Water Resources Corporation of South Korea will develop the private independent hydropower project, which is the second of its kind in the country.
PPIB noted that the hydro project, which is accounted to be around $362m, is slated to become operational in the year 2017.
In addition, PPIB is developing a 100MW Gulpur hydro project, which is expected to be completed by December 2017.
Currently, PPIB has 29 independent projects and three power policies across the country. It was supplying around 8,657MW of electricity, equivalent to around 50% of the total generation capacity of the country.
Meanwhile, the nation’s government is developing coal and some co-generation projects , totaling 1,200MW, through PPIB.
