Tag Archives: $450m financing approved for renewable energy

ISLAMABAD: The World Bank approved $450 million in financing to support Pakistan’s transition to renewable energy resources that reduce its reliance on fossil fuel imports and lower costs of electricity production. The Khyber-Pakhtun­khwa Hydropower and Renew­able Energy Development Project will help shift the national energy mix to domestic clean resources by investing in renewable energy generation, including hydropower and solar …

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