WB approves $500m to expand, modernize country's electricity distribution system
Jago News Desk Published: 22 December 2021, 07:41 PM
The World Bank (WB) on Tuesday approved US$500 million to help Bangladesh for expanding and modernizing the electricity distribution system and support its sustainable transformation.
The Electricity Distribution Modernization Programme will deliver improved electricity services to about 40 million people in Dhaka and Mymensingh Divisions.
It will upgrade and construct more than 31,000 kilometer of distribution lines, 157 distribution substations, and related infrastructure and incorporate measures to increase climate resilience of network infrastructure in 25 rural electric cooperatives (Palli Bidyut Samities) in the Bangladesh Rural Electrification Board, said a press release on Wednesday.
Source: BSS
