The Islamic Development Bank (IDB) has approved 220 million dollars for Jamshoro coal power plant.
The approval was given at a meeting of board of executive directors of the bank in Jeddah. The Asian Development Bank has already approved nine hundred million dollars for the project.
The project on completion will generate 600 megawatts electricity. Meanwhile, the World Bank has agreed to provide 520 million dollars for power supply to Pakistan and Afghanistan from Central Asia. The Islamic Development Bank and USAID have pledged to bear the remaining expanses of the project. Under the project, 1,000 megawatt electricity will be supplied to Pakistan and 300 MW to Afghanistan. As long as 1,270 kilometers long transmission line will be laid for this purpose. The entire project will be completed at a cost of over 1 billion dollars.
