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ADB Power Distribution Loan: Pakistan And ADB Sign $200 Million Loan Agreement
- by Newsdesk
- January 01, 2025

Pakistan And Asian Development Bank signed a $200 million loan agreement for power distribution strengthening project.
The agreement was signed by Secretary Economic Affairs Dr. Kazim Niaz and ADB deputy country director Asad Aleem in Islamabad.
The project will initially support three distribution companies through advanced metering infrastructure, data management systems and asset performance management system.
On this occasion, Secretary Dr. Kazim Niaz emphasized timely and efficient utilization of ADB loan and urged all concerned to ensure completion of the project within the stipulated timeframe.
The Secretary said that the project was designed to upgrade and modernize power distribution system and minimize substantial energy losses.
Asad Aleem assures ADB would continue to work closely with the ministry of economic affairs and other stakeholders to ensure its support aligns with Pakistan’s development priorities.