ADB to provide 630 mln USD to Pakistan energy sector
The Asian Development Bank (ADB) is to provide about 630 million U.S. dollars to Pakistan in the next three years for the development of its energy sector, state radio reported on Friday.
The assistance will be used for power generation of renewable and hydropower energy and power transmission stations, Radio Pakistan said.
The ADB will also provide technical assistance in clean energy development initiatives, reports said.
Pakistan is facing shortage of power due to lack of power development and burgeoning energy requirement, reported Xinhua.