The World bank will provide an $850m for the Tarbela 4th Extension hydropower project in Pakistan.
The project, which is expected to be completed in four years, will generate 1,410MW electricity.
Upon completion of the extension project, the generation capacity of Tarbela Power Station will rise to 4,888MW, reports businessrecorder.com.
WAPDA Member (Water) Syed Raghib Abbas Shah said in view of the increasing needs of water and power in the country, WAPDA is implementing a number of projects in the two sectors.
The projects include: Diamer Basha Dam with gross water storage capacity of 8.1 million acre feet (MAF) and power generation capacity of 4,500MW, Bunji (7,100MW) and Dasu (4,320MW) hydropower projects.
Other projects include the Munda Dam multipurpose project (gross water storage capacity 1.29MAF and power generation capacity 740MW) and Kurram Tangi Dam (gross water storage capacity 1.2MAF and power generation capacity 84MW).
Three projects with 350MWcumulative generation capacity will be completed this year, while 969MW Neelum Jhelum and 106MW Golen Gol hydropower projects are scheduled to be completed in 2016, said Shah.