World Bank to provide $700m more for Pakistan hydropower project

The World Bank has agreed to provide additional financing for the Dasu Hydropower Stage I project in Pakistan.

The $700m loan will fund the transmission line for the first phase of the Dasu hydropower plant. Situated along the main Indus River, the plant will have an installed capacity of 2,160MW.

The International Bank for Reconstruction and Development (IBRD) will finance the project.[Readmore]