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HomeBusinessIsDB Triumphs with Completion of Mohmand Dam Hydropower Project

IsDB Triumphs with Completion of Mohmand Dam Hydropower Project

A Milestone in Renewable Energy and Agriculture for Pakistan

April 16, 2024
in Business
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The headquarters of the Islamic Development Bank (IsDB) in Jeddah was the scene of a celebratory event as the institution marked the successful completion of the Mohmand Dam Hydropower Project (MDHP) in Pakistan. This initiative stands as a testament to the bank’s dedication to its member nations and aligns with their collective vision for an eco-friendly future.

According to the IsDB, the MDHP is a beacon of clean energy generation, with an impressive output of approximately 2,862 gigawatts of renewable energy each year. This monumental figure is anticipated to cut down the country’s dependence on non-renewable energy sources significantly.

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Beyond energy, the project is poised to revolutionize agricultural practices across 6,773 hectares, promoting food security and enhancing the livelihoods of the farming community. Furthermore, the dam is set to improve flood management, thereby safeguarding local communities and infrastructure from the adverse impacts of seasonal flooding.

The MDHP is more than just an energy solution; it represents a beacon of hope for a sustainable and thriving future for the households and farms it serves.

Tags: HydropowerIsDBMohmand DamPakistanrenewable energy
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