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).
The company at the heart of the AI bubble
- 2 گھنٹے قبل
Mozilla announces an AI ‘window’ for Firefox
- 2 گھنٹے قبل
Dbrand is turning the Steam Machine into a Companion Cube
- 2 گھنٹے قبل
Govt extends deadline for submitting Hajj dues
- 11 گھنٹے قبل
The OnePlus 15 is the phone to buy if you hate charging your phone
- 2 گھنٹے قبل
Hackers use Anthropic’s AI model Claude once again
- 2 گھنٹے قبل
Mainly dry weather expected over most parts of country
- 9 گھنٹے قبل
Who is buying VR and XR headsets anyway?
- 2 گھنٹے قبل
PM Shehbaz inaugurates modernised Karachi Cantt railway station
- 13 گھنٹے قبل
The OnePlus 15 will go on sale in the US… sometime
- 2 گھنٹے قبل
Faisal Rathore replaces Anwarul Haq as AJK PM after no no-confidence motion
- 13 گھنٹے قبل
What insiders anonymously think about the AI race
- 2 گھنٹے قبل
