LAHORE - Water and Power Development Authority (WAPDA) signed a Rs.70.434 million agreement with Harpo Hydropower Consultants, a joint venture of three Pakistani and one German firms, for updating feasibility study of the Harpo hydropower project here at WAPDA House on Monday. General Manager (Hydro) Planning Maqsood Shafique Qureshi and NDC Chief Executive Officer Chaudhry Ghulam Hussain signed the agreement on behalf of Wapda and the joint venture respectively. Feasibility study of the Harpo hydropower project was completed by WAPDA Hydro Planning Organization with the technical collaboration of GTZ of Germany. Kfw, a German company, will provide grant to update the feasibility study. This company has also committed to provide finances for detailed engineering design and construction of the project after successful upgeade of the feasibility study. Speaking on the occasion, Wapda Chairman Shakil Durrani thanked the assistance provided by the German company in particular, for hydropower development in Pakistan. He hoped that Germany would continue its support for crucial sectors of water and hydropower. The General Manger (Hydro) Planning briefed the participants of the signing ceremony that the 33-MW Harpo Hydropower Project is proposed to be constructed on Harpo Nullah, a left tributary of the River Indus in the Rondu area of Skardu. The project area is located 75 kilometres north-west of Skardu town and 670 kilometres north-east of Islamabad. The project, on its completion, is estimated to generate 187 million units of low-cost electricity per annum. WAPDA Member (Water), Member (Power), Member (Finance), Secretary and other officers concerned also witnessed the signing ceremony.