ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Belt and Road

Pakistan benefits from China-India clash with hydropower deal

Himalaya tensions also give Islamabad opportunity to make a case for debt relief

Pakistani Prime Minister Imran Khan has two agreements in as many months from Beijing to fund hydropower projects in Pakistan-administered Kashmir. (Nikkei montage/Reuters/EPA/Jiji)

QUETTA, Pakistan -- A $2.4 billion deal between Pakistan and China for a massive hydropower project in Kashmir shows how three nations are vying to out-flank one another in the Himalayas, a disputed territory existing on a knife's edge that recently experienced a deadly clash between Chinese and Indian border forces.

China, Pakistan and the Kohala Hydropower Company, a subsidiary of China Three Gorges Corporation, late last month signed the deal. It calls for the construction of a 1,124-megawatt hydropower plant that is expected to be a key piece of infrastructure along the China-Pakistan Economic Corridor, itself part of Chinese President Xi Jinping's Belt and Road Initiative.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more