MoU Signing with Government of Gilgit-Baltistan
On October 23, 2023, Norhydro Pvt Limited and the Government of Gilgit-Baltistan formalized a significant partnership with the signing of a Memorandum of Agreement (MoA). The ceremony, attended by Norwegian Ambassador Per Albert Ilsas, the Chief Minister of Gilgit-Baltistan, and his cabinet, highlighted the commitment of both parties to advancing sustainable energy projects in the region.
After Signing of MoU with Government of GB in Islamabad
The MoA establishes a strategic alliance between Norhydro Pvt Limited and the Water and Power Department of Gilgit-Baltistan, focusing on harnessing the region’s hydroelectric potential. Key objectives include:
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Sustainable Energy Development: Utilizing Gilgit-Baltistan’s water resources to generate clean energy, thereby promoting economic growth and reducing reliance on traditional energy sources.
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Local Empowerment: Engaging local communities in project activities to create job opportunities and support skill development, ensuring that the benefits reach the grassroots level.
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Environmental Conservation: Adopting eco-friendly technologies and practices to minimize environmental impact, balancing energy development with environmental preservation.
Chairman Norhydro receiving shield from Chief Minister GB Mr Gulbar Khan in presence of Ambassador of Norway
This collaboration embodies a shared vision for sustainable development, combining Norwegian hydropower expertise with local support to foster economic and environmental progress. Through this partnership, Norhydro and the Government of Gilgit-Baltistan aim to deliver transformative benefits, including reliable energy access and enhanced socio-economic conditions for the region.
