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World Bank to finance power projects

Hyde

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World Bank to finance power projects

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ISLAMABAD: A delegation of World Bank headed by Country Director, Rachid Benmessaud called on Federal Minister for Water and Power, Ch. Ahmed Mukhtar and briefed on Bank's Energy Programme.

It was informed that Bank is providing 840 million dollars for Tarbela-IV extension, 194 million dollars for electricity distribution and transmission improvement programme. The Bank has also planned to finance Dasu Hydropower Project phase-I, CASA-100 project, India-Pak power interconnection, natural gas efficiency project and disbursement linked indication.

The delegation also briefed the minister on the projects under preparation. They stated that the WB would continue to support the energy sector.

The Minister appreciated the role of WB and stated that the government is taking steps to resolve the issues and challenges of energy sector.

Source: World Bank to finance power projects - geo.tv
 
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