Current Affairs - International - Discussion

Pakistan and the World Bank inked agreements worth $565 million to help build and support the projects in power and water sectors. The total cost of NTDC's project would be $536.33 mn out of which the NTDC would provide $111.33 mn. Rest of the $425 mn will be provided by World Bank for the National Transmission Modernisation (Phase-I) project which is designed to increase the capacity and reliability of selected segments of the national transmission system and for NTDC. The total cost of the project is $152.2 million for Sindh Barrages Improvement Project which is aimed at improving the reliability and safety of Guddu Barrage and strengthening the Sindh Irrigation Department's capacity.