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ADB approves $330m loan to expand clean energy transmission in Pakistan

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The Asian Development Bank (ADB) said on Thursday that it had approved loans totalling $330 million to Pakistan for the country’s Second Power Transmission Strengthening Project.

The ADB press release said the project was one of the government’s “top priority investments to expand the national transmission network and enable the evacuation of low-cost renewable and hydropower to major load centres”.

The bank said a new 500 kilovolt transmission line of approximately 290 kilometres would be constructed under the project, in addition to upgrading “critical grid infrastructure” feeding Islamabad and Faisalabad.

“These investments will address long-standing constraints in Pakistan’s north–south power........

© Dawn Business