Asian bank weighs funding for Pakistan hydro, wind

The Asian Development Bank (ADB) is considering funding for another phase of its renewable energy development sector investment program for Pakistan, including construction of four hydropower projects and a wind farm.

ADB last year lent Pakistan US$510 million under the program for a series of small hydro project �clusters� to be built in North West Frontier Province and Punjab Province. (HNN 10/8/07) The multi-tranche loan program was the first of its kind in Pakistan and one of the first to be developed under ADB’s clean energy and efficiency initiative.

Under a proposed Tranche 2 of the program, ADB is considering providing another US$50 million loan to boost economic development by providing adequate and affordable power supply and reduction of carbon emissions in Pakistan’s Northern Areas and in Sindh.

The proposed project includes construction and operation of four small to medium-sized hydropower projects totaling 54 MW and construction and operation of a 50-MW wind farm. Procurement of goods and services would be carried out under ADB guidelines.

ADB said it is beginning a fact-finding mission of the project in May. The ADB project officer is Tianhua Luo, Infrastructure Division, CWRD, Asian Development Bank, P.O. Box 789, 0980 Manila, Philippines; (63) 2-6326388; E-mail: tluo@adb.org.

For information, contact Alternative Energy Development Board, Mujahid Sadiq, Head, International Assistance Management Office, B-344, Prime Minister’s Secretariat, Constitution Avenue, Islamabad, Pakistan; (92) 51-9207594; Fax: (92) 51-9205790; E-mail: mujahid@aedb.org.

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