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#powerplant #hydropowerplant #NBEHPP #Laraibenergylimited #HUBCO The video is about New Bong Escape Hydro Power Plant. The New Bong Escape Hydropower Project is a privately owned 84 MW run-of-the-river project located on Jhelum River 7.5 km downstream of the 1,000 MW Mangla Dam, a major multi-purpose water storage project commissioned. It is about 120 km from Islamabad, the capital city of Pakistan. The Project commenced commercial operations on 23 March 2013 and has the distinction of being Pakistan and AJ&K’s first hydropower IPP. By developing a bankable framework this trendsetting project has paved the way for rapid and full scale development of Pakistan and AJ&K’s hydropower potential. The Project is jointly owned by Hubpower (HUBCO) and Laraib Group with an equity split of 75% and 25% respectively. The Project has been developed under Build-Own-Operate-Transfer (BOOT) basis, whereby it would be transferred to the Government of AJ&K free of cost at the end of a 25-year term.