PESHAWAR, 22 August: The Khyber Pakhtunkhwa has received Rs3 billion from the federal government as the first installment in the head of net hydel profit, provincial Finance Minster Muzafar Said advocate said here on Monday.

The minister added that it was part of the Rs18 billion annual net hydel profit. He said that as per agreement the federal government had pledged to release Rs1.5 billion per month.