Arab Today, arab today adb provides 245m to improve pakistan\s power distribution systems
Last Updated : GMT 04:12:05
Arab Today, arab today
Arab Today, arab today

ADB provides $245m to improve Pakistan\'s power distribution systems

Arab Today, arab today

Arab Today, arab today ADB provides $245m to improve Pakistan\'s power distribution systems

Islamabad - XINHUA

The Asian Development Bank (ADB) and the government of Pakistan Monday signed an agreement to invest 245 million U.S.dollars to improve the country\'s power distribution systems, the ADB said. Nargis Sethi, secretary of Economic Affairs Division of Pakistan and Dr. Werner E. Liepach, ADB\'s country director for Pakistan signed the agreement. \"The investment will help upgrade Pakistan\'s aging power distribution infrastructure, allowing power generated to reach the consumers,\" Werner Leapach said. \"These power projects to be completed by June 2016 will augment the network and improve performance of the power distribution system, which is critical to increase the overall energy efficiency and to bridge the widening energy gap in Pakistan,\" he added. The loan is meant for Tranche-3 of the Power Distribution Enhancement Investment Program under the Multi-tranche Financing Facility (MFF). The MFF was approved in 2008 to invest 810 million dollars in priority areas to improve distribution systems and help Pakistan meet its pressing energy needs. The program aims to rehabilitate, augment and expand power distribution systems and remove system bottlenecks. \"The project will add 1,881 MVA of transformer capacity, 791 km of new transmission lines and up-gradation of 399 km of the existing transmission lines, which will bring stability in the distribution network,\" said Adnan Tareen, senior project officer ( for energy) at ADB\'s Pakistan office. \"Success of the project depends on effective and timely implementation; therefore, we will continue to focus on timely completion of the power distribution enhancement projects. I urge the agencies and distribution companies involved to make sure that the targets are achieved within the implementation timeframe,\" said Nargis Sethi. The first tranche of 252 million dollars and second tranche of 242 million dollars were released on Jan. 13, 2009 and Jan. 28, 2011, respectively. Under the existing four MFFs, the ADB is investing 2.9 billion dollars in the Pakistan\'s power sector over a 10-year period (2008-2017).

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today adb provides 245m to improve pakistan\s power distribution systems Arab Today, arab today adb provides 245m to improve pakistan\s power distribution systems

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today adb provides 245m to improve pakistan\s power distribution systems Arab Today, arab today adb provides 245m to improve pakistan\s power distribution systems

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today What's the reason and what you can do

GMT 05:44 2017 Sunday ,22 October

What's the reason and what you can do
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Syrian children die of hunger

GMT 19:25 2017 Sunday ,22 October

Syrian children die of hunger
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 10:18 2017 Saturday ,21 October

How to do open-heart surgery

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday