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

By 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	131,949.07 198.95M	0.97% 1262.41
ALLSHR	82,069.26 730.83M	0.94% 764.01
KSE30	40,387.76 80.88M	1.11% 442.31
KMI30	191,376.82 77.76M	0.36% 678.77
KMIALLSHR	55,193.97 350.11M	0.22% 119.82
BKTi	35,828.25 28.42M	3.64% 1259.85
OGTi	28,446.34 6.84M	-1.02% -293.01

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,125.00	110,525.00 107,865.00	-2290.00 -2.07%
BRENT CRUDE	68.51	68.89 67.75	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	106.00	106.00 105.85	-2.20 -2.03%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.50	67.18 66.04	-0.50 -0.75%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%