ADB provides $245m to improve Pakistan’s power distribution systems

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The Asian Development Bank (ADB) and the government on Monday signed an agreement to invest $245 million to improve the country’s power distribution systems. Economic Affairs Division (EAD) Secretary Nargis Sethi, and ADB country Director Dr. Werner E Liepach, signed the agreement of loan. The program aims to rehabilitate, augment and expand power distribution systems in Pakistan. On this occasion Dr. Werner Leapach said that these power projects to be completed by June 2016 would augment the network and improve performance of the power distribution system.