Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out

Skip to Main Navigation
LOANS & CREDITS September 24, 2020

Pakistan: Khyber Pakhtunkhwa Hydropower and Renewable Energy Development Project

WASHINGTON, September 24, 2020 – The World Bank’s Board of Directors approved today the following project:

Khyber Pakhtunkhwa Hydropower and Renewable Energy Development Project

IBRD Loan: $200 million

Terms: Maturity = 27 years, Grace = 7 years

IDA Credit: $250 million

Terms: Maturity = 30 years, Grace = 5 years

Project ID: P163461

Project description: The project will support Pakistan’s transition to renewable energy resources that reduce its reliance on fossil fuel imports and lower costs of electricity production.


Contacts

Islamabad
Mariam Sara Altaf
External Affairs Officer
mariamaltaf@worldbank.org
Washington
Diana Chung
Senior External Affairs Officer
dchung1@worldbank.org
Api
Api