ADB increases financing for power distribution in Bangladesh
The Asian Development Bank has approved a $200 million loan as additional financing to the ongoing Bangladesh Power System Enhancement and Efficiency Improvement Project to further improve electricity distribution network in rural areas in the Khulna division.
ADB’s extra financing will install an additional 990km of 33 kilovolt and 3,000km of 11 kilovolt below distribution lines and facilities, including 51 units of 33 kV/11 kV substations in rural areas in Khulna division. This will provide 150,000 rural households access to electricity.