ADB to help modernize power distribution in Pakistan

The Asian Development Bank (ADB) has approved a $200 million loan to modernize power distribution infrastructure in Pakistan and improve distribution companies’ ability to deliver reliable electricity, according to a statement, Report informs.

ADB’s Power Distribution Strengthening Project aims to upgrade and modernize distribution systems to meet the country’s rapidly growing electricity demand. The project will focus on reducing significant energy losses during transit and enhancing the resilience of infrastructure against climate change and disaster-related risks. In its initial phase, the project will support three major distribution companies: Lahore Electric Supply Company (LESCO), Multan Electric Power Company (MEPCO), and Sukkur Electric Power Company (SEPCO), paving the way for more efficient and sustainable energy delivery across these regions.

“This project is part of ADB’s ongoing efforts to address challenges in Pakistan’s power sector,” said ADB Director General for Central and West Asia Yevgeniy Zhukov.