Pakistan signs loan agreement with the World Bank

Pakistan has signed loan agreements with the World Bank for five projects worth $787 million, including $65 million for the Central Asia-South Asia Electricity Transmission and Trade (CASA-1000) power project in a bid to improve power supply and civil services in the city of Karachi. The components of the project include the construction of a 475 km long 500 kV high voltage alternating current (HVAC) line from Datka (Kyrgyz Republic) to Khudjand (Tajikistan); a 1,300 MW HV direct current (HVDC) converter station each at Sangtuda (Tajikistan) and Nowshera (Pakistan); and an 800 km, ±500 kV HVDC transmission line connecting Sangtuda and Nowshera via Afghanistan.

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