The World Bank has approved a $375.9 million loan for Pakistan to support the first phase of the country’s 10-year energy sector modernization programme, aimed at improving electricity transmission, strengthening the national power grid, and reducing power outages.
Islamabad, Pakistan – Web Desk: According to official details, the funding will be used to upgrade Pakistan’s electricity transmission infrastructure and launch a major project to modernize the national grid. The initiative is expected to enhance the reliability of electricity supply for domestic, commercial, and industrial consumers while improving overall energy efficiency.
The World Bank said the project will also facilitate the integration of an additional 640 megawatts of wind power into the national grid, supporting Pakistan’s transition toward cleaner and more sustainable energy sources.
The upgraded transmission system is expected to reduce electricity costs, improve grid stability, and strengthen the country’s renewable energy capacity. The project also aligns with the government’s ongoing power sector reform agenda.
According to the World Bank, the programme will make Pakistan’s electricity infrastructure more resilient to climate change while helping reduce annual carbon emissions by approximately 832,000 tonnes.
Officials said the initiative represents a key step toward building a modern, reliable, and environmentally sustainable power sector capable of meeting the country’s growing energy demands.
