{"id":82566,"date":"2021-12-26T10:40:00","date_gmt":"2021-12-26T05:40:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=82566"},"modified":"2021-12-24T17:41:06","modified_gmt":"2021-12-24T12:41:06","slug":"power-get-usd-195-mn-infrastructure","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/power-get-usd-195-mn-infrastructure.html","title":{"rendered":"Power companies to get USD 195 mn for infrastructure development"},"content":{"rendered":"\n<p>Islamabad: The World Bank (WB) and the Federal government on Thursday (December 23) signed a loan agreement of USD 193 million for the improvement of the electricity supply line in the country, news sources reported.\u00a0 The project will help build infrastructure under the Electricity Distribution Efficiency Improvement Project.\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/low-cost-hydel-electricity-production-via-tarbela-4th-ext-crosses-10bn-units.html\" target=\"_blank\" rel=\"noreferrer noopener\">Low-cost hydel electricity production via Tarbela 4th ext crosses 10bn units<\/a><\/p>\n\n\n\n<p>According to media reports, the deal was signed by World Bank Country Director Najy Benhassine and Federal Secretary for Economic Affairs Mian Asad Hayaud Din. Under the deal, a loan would be offered for infrastructure expansion as well as technical assistance to power distribution firms. The loan will help Hyderabad Electric Supply Company (HESCO), Multan Electric Power Company (MEPCO), and <a href=\"https:\/\/www.zameen.com\/news\/govt-to-inject-pkr-20-bn-to-smoothen-power-supply-in-kp.html\" data-type=\"post\" data-id=\"71220\" target=\"_blank\" rel=\"noreferrer noopener\">Peshawar Electric Supply Company<\/a> (PESCO) in achieving the sustainable supply goals. The project will improve technical sustainability while also reducing power losses caused by defective power lines.\u00a0<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/world-bank-port-construction-sonmiani.html\" target=\"_blank\" rel=\"noreferrer noopener\">World Bank suggests building new port in Balochistan to address demand<\/a><\/p>\n\n\n\n<p>Additionally, the project also facilitates reliable energy services for residential, agricultural, commercial, and industrial sectors\u2019 consumers as well as carbon emissions reduction. Furthermore, the project will aid in the achievement of the Power Division&#8217;s <a href=\"https:\/\/www.zameen.com\/news\/gulpur-hydropower-project-begins-contributing-national-grid.html\" data-type=\"post\" data-id=\"67799\" target=\"_blank\" rel=\"noreferrer noopener\">National Electricity Policy <\/a>2021 and the implementation of power sector reforms.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The World Bank (WB) and the Federal government on Thursday (December 23) signed a loan agreement of USD 193 million for the improvement of the electricity supply line in the country, news sources reported.\u00a0 The project will help build infrastructure under the Electricity Distribution Efficiency Improvement Project.\u00a0\u00a0 Read: Low-cost hydel electricity production via Tarbela 4th ext crosses 10bn units According to media reports, the deal was signed by World Bank Country Director Najy Benhassine and Federal Secretary for Economic Affairs Mian Asad Hayaud Din. Under the deal, a loan would be offered for infrastructure expansion as well as technical assistance to power distribution firms. The loan will help Hyderabad Electric Supply Company (HESCO), Multan Electric Power Company (MEPCO), and Peshawar Electric Supply Company (PESCO) in achieving the sustainable supply goals. The project will improve technical sustainability while also reducing power losses caused by defective power lines.\u00a0 Read: World Bank suggests building new port in Balochistan to address demand Additionally, the project also facilitates reliable energy services for residential, agricultural, commercial, and industrial sectors\u2019 consumers as well as carbon emissions reduction. Furthermore, the project will aid in the achievement of the Power Division&#8217;s National Electricity Policy 2021 and the implementation&hellip;<\/p>\n","protected":false},"author":84,"featured_media":61439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[50200,4438],"persona":[],"class_list":{"0":"post-82566","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-power-companies-to-get-usd-195-mn-for-infrastructure-development","9":"tag-world-bank","10":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Power companies to get USD 195 mn for infrastructure- Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The World Bank (WB) and the Federal government on Thursday (December 23) signed a loan agreement of USD 193 million for the improvement of the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/power-get-usd-195-mn-infrastructure.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Power companies to get USD 195 mn for infrastructure- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The World Bank (WB) and the Federal government on Thursday (December 23) signed a loan agreement of USD 193 million for the improvement of the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/power-get-usd-195-mn-infrastructure.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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