WB approves $375.9m power grid project for Pakistan
The World Bank has approved a $375.9 million project to modernize Pakistan's national electricity transmission system. The initiative aims to improve grid reliability, integrate renewable energy sources, and reduce carbon emissions.
Why it matters
This project is critical for Pakistan's energy security and its transition toward cleaner, more resilient power infrastructure in the face of climate change.
The World Bank has approved a $375.9 million Grid Stability Project to modernise and strengthen Pakistan's national electricity transmission system, according to an official statement.
The project marks the first phase of the World Bank's 10-year Best Pakistan Programme and is aimed at improving electricity transmission, enhancing grid reliability and increasing the overall efficiency of the country's power sector.
According to the statement, the initiative will help reduce load shedding by upgrading the national transmission network, including the installation of modern grid control systems at three major 500kV grid stations.
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The project will also facilitate the integration of 640 megawatts of previously stalled wind power into the national grid and enable the full transmission of 1,840MW of wind energy generated in southern Pakistan.
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