World Bank approves 500 mln USD to facilitate Bangladesh’s electricity distribution
World Bank approves 500 mln USD to facilitate Bangladesh’s electricity distribution
World Bank

DHAKA — The World Bank has approved 500 million U.S. dollars to help Bangladesh expand and modernize the electricity distribution system and support the sustainable transformation of its electricity system.

The “Electricity Distribution Modernization Program” will deliver improved electricity services to about 40 million people in Dhaka and Mymensingh Division in the northern part of Bangladesh, the multilateral lender said here Wednesday.

It will upgrade and construct more than 31,000 km of distribution lines, 157 distribution substations, and related infrastructure, and incorporate measures to increase climate resilience of network infrastructure in 25 rural electric cooperatives (Palli Bidyut Samities) in the Bangladesh Rural Electrification Board, said the lender.

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