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Norwegian enterprise sign MoU with GB govt to invest in Solar, Hydropower generationBreaking

October 24, 2023

NorHydro, a Norwegian enterprise will make investments in Solar and Hydropower generation in Gilgit-Baltistan. In this regard, an agreement was signed between NorHydro and Gilgit-Baltistan government in Islamabad on Tuesday. Under the agreement, an amount of seven million dollars will be invested in the initial phase during which the Norwegian company will spearhead the development of a cutting-edge 4.5 MW solar power project and embark on rehabilitation of powerhouses. The Norwegian company in addition will also develop low head hydropower projects on rivers in Gilgit-Baltistan.

 Credit: Independent News Pakistan (INP)