The World Bank has agreed to provide more than $3 billion to Pakistan for infrastructure development in the energy sector.
The World Bank will also provide assistance to the Dasu Hydropower Project, as well as the Energy Efficiency and Savings Program, a program to help provinces plan to install solar projects, the Power Division said in a statement. Will be apart of.
This development came after the meeting of the high-level delegation of the World Bank with the Federal Minister for Energy Khurram Dastgir.
Federal Minister Khurram Dastgir told the delegation that the government has taken tough and difficult decisions in the energy sector, he was referring to the increase in electricity prices.
The federal minister said that climate change has had devastating effects on Pakistan's economy and energy sector. The delegation was also briefed on CASA-1000 and Dasu Power Project.
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