Pakistan to Build $120mln Malaysian Power Plant

The project, to be developed on a build, operate, own and transfer basis, will be transferred to the Pakistani government at the end of the 25-year power purchase agreement. Hydropower makes up a third of Pakistan's 19,000MW of installed capacity. The New Bong Escape hydroelectric project, which produces 500 million kilowatt hours annually, was the first hydropower independent power producer in the country…