Infrastructure

ADB approves $60 million loan to support Electricity Grid Modernization Project in Nepal

KATHMANDU: The Asian Development Bank (ADB) has approved a $60 million loan as additional support for the ongoing Electricity Grid Modernization Project that is upgrading power transmission and distribution systems in Nepal. The ongoing project, approved in November 2020, is automating 34 existing grid substations across Nepal, completing the installation...

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