ADB grants $200m loan to improve power supply network in Bangladesh

WCN Editorial Team 10 Dec 2020 ASIA ENERGY & UTILITIES

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.

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.

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.

“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.”

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

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