HomeBusinessWorld Bank approves billion-dollar loan for Pakistan

World Bank approves billion-dollar loan for Pakistan

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ISLAMABAD: The World Bank has approved a one billion dollar loan for Pakistan. The World Bank approves a billion-dollar loan for the Dasu Hydroelectric Project. The additional funds approved will be used for the Dasu Hydro Project Phase 1. The World Bank said the project will improve and expand electricity supply. and facilitate public access to social and economic amenities, the Dasu Hydro project will be a game changer for Pakistan. This will produce cheap electricity in Pakistan. According to the World Bank, 4320 MW to 5400 MW of electricity will be generated once the project is complete. The estimated power production in the first phase is 2,160 megawatts.

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