CGGC plugs into project in Pakistan

China Gezhouba Group to invest$1.72b in Dasu hydropower plant

China has contracted to build a hydroelectric power project in Pakistan, with the first phase of investment reaching $2.5 billion.

China Gezhouba Group Co Ltd has agreed to invest more than $1.72 billion for the construction of the main works of the 5,400MW Dasu hydropower project in the country, cooperating with the local water and power development authority, the company said on Thursday.