US$748 million for national power transmission project
The National Power Transmission Corporation will allocate about US$748 million for the national power transmission project, nearly 27 percent higher than last year’s level.
Over the past five years, the corporation has mobilised almost US$1.74 billion including, US$796 million from domestic financial institutions and banks, and US$943 million from international organisations, namely the Nippon Export and Investment Insurance, the World Bank, the Asian Development Bank (ADB) and the French Development Agency (AFD).
With additional funding it hopes that key hydro-electric and thermal power plants in the country will be completed as scheduled.