New Bong Escape Hydropower Project
| New Bong Escape Hydropower Project | |
|---|---|
The complex during final stages of construction | |
| Country | Pakistan |
| Location | Mangla, Azad Kashmir |
| Coordinates | 33°05′33″N 73°42′36″E / 33.092529°N 73.710046°E |
| Status | Operational |
| Construction began | 2009 |
| Opening date | 2013 |
| Owner(s) | HUBCO Laraib Group |
| Dam and spillways | |
| Type of dam | Run of the river |
| Impounds | Jhelum River |
| Height | 13 m (43 ft) |
| Length | 67 m (220 ft) |
| Power Station | |
| Turbines | 4 x 21 MW |
| Installed capacity | 84 MW |
| Annual generation | 550 GWh |
The New Bong Escape Hydropower Project is a privately owned 84 MW run-of-the-river project located on Jhelum River 7.5 km downstream of the 1,070 MW Mangla Dam, a major multi-purpose water storage project commissioned. It is about 120 km from Islamabad, the capital city of Pakistan. The project commenced commercial operations on 23 March, 2013 and has the distinction of being Pakistan and AJ&K’s first hydropower IPP. By developing a bankable framework this trendsetting project has paved the way for rapid and full scale development of Pakistan and AJ&K’s hydropower potential.
The project is jointly owned by HUBCO and Laraib Group with an equity split of 75% and 25% respectively.
The project has been developed under Build-Own-Operate-Transfer (BOOT) basis, whereby it would be transferred to the Government of AJ&K free of cost at the end of a 25-year term.