The Asian Development Bank (ADB) has granted a loan of $250 million to support the enhancement of the power transmission network in Punjab and Khyber Pakhtunkhwa provinces of Pakistan, contributing to the delivery of reliable electricity. The ADB’s Power Transmission Strengthening Project aims to bolster the stability of the national grid by expanding its transmission capacity.
The initiative will focus on expanding the high-voltage transmission network, particularly the 500 kilovolt (kV) and 220 kV transmission lines loops. Additionally, it aims to reduce transmission losses in Lahore city, Punjab, by replacing outdated transmission lines. The project aligns with ADB’s commitment to promoting inclusive and sustainable economic growth by ensuring a consistent and efficient power supply.
Yevgeniy Zhukov, ADB Director General for Central and West Asia, emphasized the significance of a reliable power supply for economic growth and expressed pleasure in supporting Pakistan’s endeavors to achieve energy security and improve energy efficiency.
In addition to reinforcing power transmission, the project will address key objectives such as enhancing the project and financial management of the National Transmission & Despatch Company Limited (NTDC) and improving the overall management of Pakistan’s national transmission system. ADB’s efforts will also extend to promoting gender equality and women’s participation in the energy sector through mentorship programs, awareness campaigns, childcare centers, and technical training for female staff in NTDC.
Takhmina Mukhamedova, ADB Senior Energy Specialist, highlighted the inclusive approach of the project, including livelihood skills development for women in project areas and training for local communities to respond to climate-induced natural hazards.
Since 1966, ADB has been actively contributing to Pakistan’s economic growth by committing over $52 billion in public and private sector loans, grants, and financing, with a focus on infrastructure development, energy security, transport networks, and social services.