ADB Launches Initiative to Boost Electricity in Afghanistan

The Asian Development Bank unveiled a new investment scheme to expand electricity coverage in Afghanistan. Funding for the Energy Sector Development Investment Program will come from a USD570 million multitranche facility. The program aims to build and recondition power and energy infrastructure as well as finance institutional capacity building of the Afghan North East Power System. (“ADB Works with Afghan Government to Improve Energy Sector” - Asian Development Bank, Nov. 28, 2008)

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