ADB approves $200 million loan to modernise Nepal’s power supply and distribution system

The Asian Development Bank (ADB) has approved a $200 million concessional loan to improve power supply and distribution systems in Nepal.

The project will finance, among others, the reinforcement and modernisation of the power supply system in Kathmandu Valley, Bharatpur metropolitan area of Chitwan district in Bagmati Province and Pokhara of Kaski district in Gandaki Province, where supply interruptions are frequent and prolonged. The project also aims to support Province 2, where the quality of electricity supply is poor and about 20 percent of households are still without access to the national grid.

 

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