ISLAMABAD, September 23, 2026: PAEC Foundation has signed a contract for the construction of its fifth hydropower project at Chashma.

The Foundation Hydel Power Plant Unit-05 (FHPP-05) will have an installed capacity of 5MW.

The project will be constructed at the outfall of the Chashma-5 Nuclear Power Plant.

Once operational, the plant is expected to generate around 30.66 million kilowatt-hours of clean electricity annually.

The electricity will be supplied to the national grid.

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The project will use the available hydropower potential at the site.

PAEC Foundation said the plant will help utilise water resources more efficiently.

It will also add renewable electricity to Pakistan’s energy mix.

Electricity generation is expected to begin by September 2029.

The project will add another source of clean power while supporting the country’s efforts to expand sustainable electricity generation.

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Chinese-Pakistani Joint Venture to Build Plant

The contract was signed at the headquarters of the Pakistan Atomic Energy Commission (PAEC) in Islamabad.

PAEC Foundation signed the agreement with a joint venture of three companies.

The consortium comprises China Ocean Engineering Construction Corporation Ltd., Ningbo Water Conservancy and Hydro Power Planning and Design Institute Co., Ltd., and Habib Rafique Engineering (Pvt.) Ltd.

The project is the fifth hydropower plant being developed under the PAEC Foundation’s renewable energy portfolio.

PAEC Expands Clean Energy Contribution

The new hydropower project will complement PAEC’s wider contribution to Pakistan’s energy sector.

According to PAEC, its six nuclear power plants currently provide 3,530MW of electricity to the national grid.

The nuclear plants generate clean, sustainable and low-cost electricity, according to the commission.

FHPP-05 will add a further 5MW of hydropower capacity.

The project will also expand PAEC Foundation’s renewable energy portfolio while supporting additional clean electricity generation for the national grid.