PAEC Foundation has signed a contract for the establishment of its fifth hydropower plant, Foundation Hydel Power Plant Unit-05 (FHPP-05), a 5MW project to be constructed at the outfall of the Chashma-5 Nuclear Power Plant.
Once operational, the plant is expected to generate approximately 30.66 million kilowatt-hours of clean electricity annually for the national grid.
The project will harness the available hydropower potential at the site, contributing to the efficient utilisation of water resources and sustainable power generation. Electricity generation from the plant is expected to commence by September 2029.
The contract was signed between PAEC Foundation and a joint venture comprising China Ocean Engineering Construction Corporation Ltd., Ningbo Water Conservancy and Hydro Power Planning and Design Institute Co., Ltd., and Habib Rafique Engineering (Pvt.) Ltd. at PAEC Headquarters.
PAEC’s six nuclear power plants currently generate 3,530MW of clean, sustainable and low-cost electricity for the national grid, while the new hydropower project will further expand PAEC Foundation’s renewable energy portfolio and contribute an additional 5MW of clean electricity.
- PAEC Foundation Signs Contract for 5MW Hydropower Project at Chashma
- SECP Proposes Measures to Strengthen Insurance Grievance Redressal in Pakistan
- Pakistan’s FY2027 Growth Seen at 3.7% as Reforms, External Buffers Improve Outlook: ADB
- CCP fines 3M Pakistan Rs10M over Scotch-Brite marketing
- Mobile Phone Imports Drop 8.85% in Two Months of FY2026-27