Pakistan to get $900mn from ADB for Jamshoro coal power project
ISLAMABAD: The Asian Development Bank (ADB) will provide $900 million to Pakistan for completion of Jamshoro coal power project.
Pakistan and ADB signed an agreement in this regard on Wednesday. Secretary Economic Affairs Division Nargis Sethi and ADB Country Director signed the pact. The project will be completed in 4 years.
Finance Minister Ishaq Dar was also present on the occasion.
Dar said the government is taking concrete measures to generate cheap electricity to overcome power crisis in the minimum possible time.
Under the agreement‚ the ADB will assist Pakistan to complete two units of 660 megawatt each at Jamshoro power plant which will generate electricity through imported coal.
