Atlas Corridor
Component

Neelum Jhelum Hydroelectric project

power

Cities

Nausari
Pakistan

Cost

$5b
$5,000,000,000

Phases

operational, 2018

Objective

Description

The project diverts water from the Neelum River through a 32.5 km tunnel system from Nauseri to an underground powerhouse at Chatter Kalas before discharging into the Jhelum River. The diverted water will produce electric power by passing through the turbines and thereafter this water will be released back into the River Jhelum, about 4 km south of Chatter Kalas.

Capacities

969 MW Electricity

Finance

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$1024000000 loan
Exim Bank of China Development bank
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$358000000 loan
The Islamic Development Bank Bank
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$181000000 loan
Saudi Fund for Development Development bank
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$81000000 loan
OPEC Fund for International Development Development bank
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$74000000 loan
Kuwait Fund for Arab Economic Development Development bank

Operators

Pakistan Water and Power Development Authority
Government

Contractors

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China Gezhouba Group Company
Company
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China Machinery Engineering Corporation
Company