The Asian Development Bank (ADB) has agreed to provide an additional $200m in financing to upgrade the power distribution network in Bangladesh.

The funding will be utilised by the Bangladesh power system enhancement and efficiency improvement project to improve electricity distribution network in rural areas in the Khulna city.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The additional financing from the bank will help to install an additional 990km of 33kV and 3,000km of 11kV below distribution lines and facilities, including 51 units of 33 kV/11 kV substations in rural areas in Khulna division.

The additional power lines will provide electricity access for approximately 150,000 rural households in the region.

The improved power distribution network in rural areas and the strengthened capacity of the Bangladesh Rural Electrification Board (BREB) will help to ensure safe, efficient, and productive electricity usage in BREB service areas.

See Also:

ADB South Asia principal energy specialist Teruhisa Oi said: “Reliable and sustainable electricity distribution and service is an important aspect to Bangladesh’s growth and development, as well as improving the quality of life of its people.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“This additional support will expand the coverage of our project but more importantly provide electricity to one of the poorest divisions in the country and significantly contribute to the government’s goal of providing its people 100% access to power by 2021.”

————————————————————————————————————————-

ADB approves $200m funding to improve power distribution network in Bangladesh. (Credit: Sebastián Faune from Pixabay.)