fbpx
  • About
  • Advertise
  • Contact
Tuesday, February 7, 2023
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
Economy.pk
Home World Asia

ADB to give $300M to Pakistan for 300MW hydropower plant

bySidra Butt
March 30, 2021
in Asia, Business, Economy, New
Reading Time: 1 min read
0
ADB to provide Pakistan $300m
79
SHARES
545
VIEWS
Share on FacebookShare on Twitter

On Tuesday, The Asian Development Bank announced that it will be extending Pakistan a $300 million loan to finance the construction of a 300-megawatt hydropower plant near Balakot.

“The Asian Development Bank (ADB) has approved a $300 million loan to finance the construction of a 300-megawatt hydropower plant that will increase the share of clean energy in Pakistan and improve the country’s energy security,” said the lender in a statement.

RelatedPosts

1320MWs Thar coal Block-1 power plant successfully commenced

ECP restores senate membership of Azam Swati

China delivers two Hualong-1 nuclear power units to Pakistan

#ADBNEWS: ADB approved a $300 million loan to finance the construction of a 300-megawatt hydropower plant that will increase the share of clean energy in Pakistan & improve the country’s energy security.

The plant will add 1,143 gigawatt-hours of clean energy annually.

Read ⬇️

— Asian Development Bank (@ADB_HQ) March 30, 2021

The Manila-based lending agency said the government will invest $175 million in the project. It also shared that Islamabad has requested a $280 million loan in project co-financing from the Asian Infrastructure Investment Bank (AIIB) as well.

The ADB said that the plant will add 1,143 gigawatt-hours of clean energy to Pakistan’s energy mix and also improve the energy sector’s reliability and sustainability.

Tags: AIIBAsian development bankHydropowerManilaPakistan
Sidra Butt

Sidra Butt

Related Posts

1320MWs Thar coal Block-1 power plant successfully commenced

1320MWs Thar coal Block-1 power plant successfully commenced

The commercial operations of the 1320 megawatt Thar Coal Block-1 power plants, which were built and sponsored by Shanghai Electric,...

ECP restores senate membership of Azam Swati

ECP restores senate membership of Azam Swati

 The Election Commission of Pakistan (ECP) on Monday restored the senate membership of Pakistan Tehreek-e-Insaf (PTI) leader Azam Swati. According to...

Next Post
Conference

FM Qureshi attends the Heart of Asia Conference

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

1320MWs Thar coal Block-1 power plant successfully commenced

1320MWs Thar coal Block-1 power plant successfully commenced

Pakistan is sending aid to Turkiye amid earthquake aftermath

Pakistan is sending aid to Turkiye amid earthquake aftermath

Atif Butt emerged as the new “King of the Iron Fist" after winning the Tekken World Tour 2022 

Atif Butt emerged as the new “King of the Iron Fist” after winning the Tekken World Tour 2022 

ECP restores senate membership of Azam Swati

ECP restores senate membership of Azam Swati

China delivers two Hualong-1 nuclear power units to Pakistan

China delivers two Hualong-1 nuclear power units to Pakistan

Pakistan Railways, two Chinese tech companies sign MoU to launch App

Pakistan Railways, two Chinese tech companies sign MoU to launch App

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2023 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In