Arkari Gol Hydropower Project (DFC-ARKARI)

Countries
  • Pakistan
Geographic location where the impacts of the investment may be experienced.
Specific Location
Arkari Gol River, Chitral District, Khyber Pakhtunkhwa Province
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Master Hydro Private Limited
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ DFC website

Updated in EWS Jun 20, 2020

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the bank's documents, "The Project involves the construction and operations of a 99 MW hydropower project to be constructed on the Arkari Gol River, a tributary of the Lutkho River. The intake structure will be a concrete-faced, rock-filled structure with a height of 20 m located near the village of Ucchatur. There will be a concrete-lined 5.9 km headrace tunnel, a surge tank, a 900 m pressure tunnel to the powerhouse, and a 100 m tailrace. The powerhouse will be located near the village of Andakht. The reservoir will have an area of 10.143 hectares. The transmission line route has not been finalized, but there are several lines in the vicinity of the Project that could be used to evacuate power.

Construction of the Project will require about 112.9 acres of land, which will be utilized for construction of permanent facilities such as the dam, power house, and for temporary construction facilities, such as worker camps and lay-down areas. Land acquisition will result in the physical resettlement of 27 households. An additional 26 households will experience economic displacement. The total construction period of the Project will be 4 years (48 months)."

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Hagler Bailly Pakistan Contractor -
- - - - Master Hydro Private Limited Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Master Group of Industries
82 C-I Gulberg III
Lahore, Pakistan

How it works

How it works