Star Hydro power Limited
Star Hydro Power Limited (SHPL) is an Independent Power Producer (IPP). It is setting up 147 MW run-of-river Patrind Hydropower Project (the Project) on river Kunhar near village Patrind, District Muzaffarabad of Azad Jammu & Kashmir (AJ&K). The Project is being developed under the Government of Pakistan's Policy for Power Generation Projects 2002 on BOOT basis with a concession period of 30 years.
SHPL was incorporated in April 2006 as a public limited company to develop and implement the Project. Korea Water Resource Corporation (K-water) and Daewoo Engineering & Construction Company are the sponsors of SHPL, having acquired 100% shareholding in the company through their special purpose Singapore based investment vehicle, KDS Hydro.