ADB Releases $510 M Loan For Renewable Energy

Filed in archive Current News on December 11, 2006

The Asian Development Bank has released a $510 Million to Pakistan for the development of its renewable energy resources. This loan was facilitated by the ADB to help the country reduce its oil imports and meet its future energy requirements. This first-of-its kind loan promotes the ADB's clean energy and efficiency initiative which will expand to other member countries of the ASEAN.

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Tags: Asian Development Bank ADB Pakistan Renewable Energy Financing Clean Energy Efficiency ASEAN energy

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