$1,150m accord signed with WB for two KP power projects

Dawn | Oct 16, 2020 at 9:37 AM
  • Prime Minister Imran Khan on Thursday said Pakistan valued its partnership with the World Bank and the government would continue it aimed at the socioeconomic uplift of people.
  • Noor Ahmed, secretary of Economic Affairs Division, signed the two loan agreements on behalf of the government of Pakistan while the representatives of the KP government, Wapda and National Transmission and Dispatch Company signed their respective project agreements.
  • The concessional financing being provided by the World Bank for the two projects will support hydropower and renewable energy development in KP and evacuation and transmission of power from Dasu Hydropower Project.