Pak-US Neelum Jhelum Project accord signed

Pakistan and the US have finalized an accord relating to the US assistance and cooperation in the Neelum Jhelum Hydro Power project.

US assistance in Neelum Jhelum Hydro Power Project is part of its cooperation in helping Pakistan to overcome the severe energy crisis.

Federal Finance Minister Ishaq Dar signed on the accord on behalf of Pakistan in a ceremony held here.

Neelum Jhelum Hydro Power Project comprising of four units has installed capacity of 969 megawatts. Power generation from this project is expected to start by the end of 2015. It will help overcome energy crisis in the country in both agricultural and industrial sectors.