SHPL is currently developing the 150MW Patrind hydro power project on build, own, operate and transfer (BOOT) basis, with a concession period of 30 years. This run of river project is located on the boundary of District Abbottabad and District Muzaffarabad and is thought to be the first hydro power project to go into construction and operation under the Pakistan Government’s Power Policy 2002.
The new owners plan to complete all regulatory processes, including financial closure, and start construction by the middle of 2010.