Pak, ADB sign $ 260 million loan agreement to improve power transmission network

MG News | March 20, 2018 at 04:03 PM GMT+05:00

0:00

APP – Pakistan and Asian Development Bank (ADB) have signed a $260 million loan agreement to improve the country's power transmission network.

The agreement was signed by ADB Country Director, Xiaohong Yang and Secretary Economic Affairs Syed Ghazanfar Abbas Jilani here on Tuesday, reported Radio Pakistan.

The Director-General said the Bank was committed to work with Pakistan to develop a larger, stronger, smarter, and climate resilient power transmission network.

The agreement envisages expanding 220-KV transmission network in Sindh and Balochistan and upgrading the supervisory control and data acquisition and revenue metering systems in the country.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	185,057.83 215.80M	0.48% 883.35
ALLSHR	111,198.99 737.64M	0.43% 473.52
KSE30	56,808.99 106.85M	0.61% 346.11
KMI30	262,806.58 83.35M	0.67% 1756.35
KMIALLSHR	71,591.94 246.19M	0.51% 360.96
BKTi	53,634.85 44.18M	0.76% 405.81
OGTi	38,885.41 12.11M	0.76% 294.99

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	79,430.00	79,660.00 74,785.00	-4675.00 -5.56%
BRENT CRUDE	65.95	68.83 65.45	-3.37 -4.86%
RICHARDS BAY COAL MONTHLY	90.00	0.00 0.00	-0.90 -0.99%
ROTTERDAM COAL MONTHLY	102.50	102.50 100.25	-0.90 -0.87%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	61.87	64.74 61.39	-3.34 -5.12%
SUGAR #11 WORLD	14.28	14.35 14.13	0.01 0.07%