ADB approves $300 million for power transmission expansion in Bangladesh - Sarkari Naukri Sms

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Sunday, November 10, 2019

ADB approves $300 million for power transmission expansion in Bangladesh

The Asian Development Bank (ADB) approved a 300 million dollar loan for a project to expand power transmission lines in Greater Dhaka and the western zone of Bangladesh. The Asian Infrastructure Investment Bank has 200 million dollars in co-financing to fund transmission lines, substations, and an enterprise resource planning system. The assistance also comprises a 750,000 dollar grant from China's Poverty Reduction and Regional Cooperation Fund.  Project The project construct 40 km of transmission lines and 4,450 megavolt-ampere (MVA) of substations in Greater Dhaka as well as 368 km of transmission lines, 3,070 MVA of substations and 20 bay extensions in the western zone. It will also establish an enterprise resource planning system, a drone inspection centre to improve operational efficiency and enhance workspace safety in the executing agency, the Power Grid Company of Bangladesh Ltd. The government and executing agency will contribute 249 million dollars equivalent toward the 750 million dollars total cost of the project which is due for completion by June 2024.

from Current Affairs 2019 for Competitive Exams Current Affairs Today The Asian Development Bank (ADB) approved a 300 million dollar loan for a project to expand power transmission lines in Greater Dhaka and the western zone of Bangladesh. The Asian Infrastructure Investment Bank has 200 million dollars in co-financing to fund transmission lines, substations, and an enterprise resource planning system. The assistance also comprises a 750,000 dollar grant from China's Poverty Reduction and Regional Cooperation Fund.  Project The project construct 40 km of transmission lines and 4,450 megavolt-ampere (MVA) of substations in Greater Dhaka as well as 368 km of transmission lines, 3,070 MVA of substations and 20 bay extensions in the western zone. It will also establish an enterprise resource planning system, a drone inspection centre to improve operational efficiency and enhance workspace safety in the executing agency, the Power Grid Company of Bangladesh Ltd. The government and executing agency will contribute 249 million dollars equivalent toward the 750 million dollars total cost of the project which is due for completion by June 2024. https://ift.tt/2O0o0C4

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