ADB Approves $200 Million Loan to Transform Pakistan’s Power Distribution and Boost Energy Efficiency

Strengthening Pakistan’s Power Distribution: A $200 Million ADB Initiative to Enhance Energy Efficiency and Resilience In a significant move to address Pakistan's growing electricity demand and energy sector challenges, the Asian Development Bank (ADB) has approved a $200 million loan for the Power Distribution Strengthening Project. This initiative aims to modernize and upgrade the country’s…

December 11, 20240Comments 21Views 0Likes

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How High Electricity Costs Are Impacting Businesses: Reasons & Solutions

The Need for Competitive Utility Prices and Interest Rates in Pakistan Pakistan’s business community has expressed growing frustration over the government's decision to raise petroleum product prices yet again, despite a global decline in oil prices. Main Anju Nasir, former president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and chairman of…

December 2, 20240Comments 43Views 0Likes

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