●Kohala Hydropower Project in PoK
•China under the multi-billion-dollar China-Pakistan Economic Corridor (CPEC) will set up a 1,124-megawatt power project- Kohala Hydropower Project- in Pakistan-occupied Kashmir despite India’s objection to it.
•The project will be built on the Jhelum Riverand aims at annually providing more than five billion units of clean and low-cost electricity for consumers in Pakistan.
•This marks one of the largest investments of USD 2.4 billion in an independent power producer (IPP) in the region
China-Pakistan Economic Corridor (CPEC);-
•It is the flagship project of the multi-billion dollar Belt and Road Initiative (BRI)
•It eventually aims at linking the city of ‘Gwadar’ in South Western Pakistan to China’s North Western region ‘Xinjiang’
•The US has warned that the China-Pakistan Economic Corridor (CPEC) would only benefit Beijing and inflict heavy debt burden on Islamabad.
•The US observed that the CPEC was not an aid to Pakistan but a form of financing that guaranteed profits for Chinese enterprises, with little benefits for Islamabad.
•It passes through PoK. Any Indian participation would inextricably be linked to the country’s legitimate claims on PoK
[The 3,000 km-long China–Pakistan Economic Corridor (CPEC) consists of highways, railways, and pipelines]