Germany will assist Ukraine with a $35.5 million (€32.5 million) loan for the implementation of the second phase of the power transmission upgrade project aimed at increasing energy efficiency through modernization of transformer substations.
World Bank has approved a $209 million financing programme that will enable the implementation of a six-year Rural Electrification Expansion Programme in Tanzania.
Indonesia, Jakarta: Indonesia’s state-run utility PLN will receive a $500 million loan from the World Bank aimed to support implementation of the electrification program which will bring electricity to parts of Sumatra which are yet to be connected to the national grid.