Pakistan receives $260M loan to expand transmission network
The Asian Development Bank (ADB) has signed a $260 million loan agreement with the Government of Pakistan to help improve the country’s power transmission network.
The loan agreement is part of the Second Power Transmission Enhancement Investment Program, which includes investments in the high-voltage transmission system, including the rehabilitation, augmentation and expansion of transmission lines, substations and supporting infrastructure, reports EBR.
The funding will be used to expand the 220 kV transmission network in Sindh and Balochistan provinces.
The investment program aims to improve coverage, reliability, transparency, and quality of the power transmission service in Pakistan.