KPK to Produce Over 5000 MW in 10 Years with Help of ADB

The Asian Development Bank (ADB) will help Pakistan generate over 5,000 Megawatts of electricity in next 5-10 years. The energy will be produced by installing micro-hydroelectric power (MHP) plants in off-grid areas in Khyber-Pakhtunkhwa as part of ADB’s “Access to Clean Energy Investment Program.” Under the same program, 2,330MW will be produced through solar power plants in Punjab by 2026. According to ADB, about 30% of the solar panels provided under this project will be installed at girls’ schools. Additionally, 500 female healthcare facilities will benefit from the project as well. ADB wants its Clean Energy Investment project in Pakistan to achieve the following outcomes: ALSO READ 5000 Schools in KP Now Run on Solar Energy: KP Govt The report, which was released on World Environment Day, adds that the strategic agenda of the project is bring in environmentally sustainable and inclusive economic growth. The project is expected to benefit 240,000 households and 2.6 million students by giving them access to clean energy. ADB will provide the loan for the project as well as the technical assistance fund. $325 million will be given to Pakistan as a loan while $0.75 million will arrive under the Technical Assistance Special Fund. Via ADB