World Bank approves $825 million loan for Pakistan

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World Bank approves $825 million loan for Pakistan

ISLAMABAD – The World Bank has approved the loan of 825 million dollars for Pakistan for improvement in power transmission system.

According to media reports, the World Bank has accorded approval to provide the loan of 825 million dollars to Pakistan for developing power system on modern lines and bringing improvement in power transmission system.

425 million dollars will be spent on renovation and modernizing National Transmission System including up gradation and amplification of 500 and 220 KV transmission lines.