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Saudi Arabia signs loan agreements with Pakistan for hydropower projects


The delegation of the Saudi Fund for Development called on Minister for Economic Affairs Ahad Khan Cheema in Islamabad.

On this occasion, both sides signed loan agreements for Shounter Hydropower Project of 48 megawatts and Jagran IV Hydropower Project of 22 megawatts.

The loan amount for Shounter Hydropower Project is sixty six million dollars and Jagran IV Hydropower Project is forty one million dollars.

Source: Radio Pakistan