SIFC Says It Resolved Decade-Long Dispute Over Taunsa Hydropower Feasibility Cost
Pakistan's Special Investment Facilitation Council reports it has helped settle a long-pending reimbursement issue tied to the 135 MW Taunsa Hydropower Project in Punjab.
The Special Investment Facilitation Council (SIFC) announced that it has facilitated the resolution of a decade-long matter concerning reimbursement of the feasibility study cost for the 135 MW Taunsa Hydropower Project in Punjab, according to a report by the Associated Press of Pakistan (APP).
The council said the resolution demonstrates its effectiveness as a high-level facilitation platform aimed at supporting international investors in Pakistan, APP reported.
The report did not specify the parties involved in the dispute, the amount of reimbursement at stake, or the exact terms under which the matter was resolved.
The SIFC was established to coordinate among federal and provincial authorities and expedite investment-related decisions, particularly in sectors such as energy, agriculture, and mining. The council has previously been involved in addressing bureaucratic and financial bottlenecks affecting large-scale infrastructure and energy projects in Pakistan.
Further details on the Taunsa Hydropower Project, including its current development status and stakeholders, were not provided in the original announcement.
Sources
- SIFC facilitates resolution of long-pending Taunsa Hydropower matter — APP (Pakistan)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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