The Tarbela IV Extension Hydropower Project is designed to boost Pakistan’s power generation capacity by some 1,410 megawatts. It will be financed by $840 million in loans drawn from the International Bank for Reconstruction and Development and the International Development Association. The money will be used to maintain and operate the Tarbela Dam and its infrastructure to generate additional electricity during summer months.
The World Bank also gave the go signal for the $250 million Punjab Irrigated Agriculture Productivity Improvement Program Project. This one will introduce drip and sprinkler irrigation systems, among other modern approaches in a bid to wean Pakistan farmers away from traditional and wasteful flood irrigation approaches.
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