Project will focus on reducing significant energy losses during transit
Islamabad: The Asian Development Bank (ADB) has approved a $200 million loan to modernise Pakistan’s power distribution infrastructure and improve distribution companies’ ability to deliver reliable electricity.
According to a statement released by the Manila-based lender, ADB’s Power Distribution Strengthening Project aims to upgrade and modernise distribution systems to meet Pakistan’s rapidly growing electricity demand.
“The project will focus on reducing significant energy losses during transit and enhancing the resilience of infrastructure against climate change and disaster-related risks,” read the statement.
ADB disclosed that in its initial phase, the project will support three major distribution companies i.e. Lahore Electric Supply Company (LESCO), Multan Electric Power Company (MEPCO), and Sukkur Electric Power Company (SEPCO).
Ukraine claims Starlink is suddenly disrupting service for its military
- 10 hours ago
Microsoft and Japan took down a cybercrime network behind over a billion scam messages
- an hour ago
Trump is taking his midterms anger out on Ukraine
- 8 hours ago
The AI race is back on
- an hour ago
The Nothing Headphone A are half off for the first time
- 10 hours ago
The Fitbit Edge is for folks who don’t want to go totally screenless
- an hour ago
Microsoft’s new AI chip makes it less reliant on Nvidia’s GPUs
- an hour ago
The problem with the US surrogacy system
- 8 hours ago
Halo’s co-creator wrote a novel about AI taking over the world
- an hour ago
Your flu shot can’t wait
- 8 hours ago
My AI doppelganger tells me what to eat
- 10 hours ago
How Apple can win the smart home
- 10 hours ago
