A. IMF
B. Asian Development Bank
C. World Bank
D. Islamic Development Bank
Explanation:
In January 2026, the Asian Development Bank (ADB) approved a $378.9 million loan for Pakistan’s Power Transmission System Modernization Project. The project aims to modernize and expand Pakistan’s electricity transmission network to improve efficiency, reduce power losses, and ensure a more reliable electricity supply. It includes upgrading transmission lines, substations, and grid infrastructure to meet the country’s growing energy demand. The project also supports Pakistan’s efforts to strengthen energy security and promote sustainable economic development.
Important Key Facts about the Power Transmission System Modernization Project
- Approving Institution: Asian Development Bank (ADB)
- Loan Amount: $378.9 million
- Approval Date: January 2026
- Country: Pakistan
- Project: Power Transmission System Modernization
- Main Objective: Improve the national electricity transmission network
- Expected Benefits: Better power supply, reduced transmission losses, and improved grid reliability
- Exam Relevance: Pakistan Current Affairs, Economy, Energy Sector, International Organizations
Related Questions about the Power Transmission System Modernization Project
1. Which organization approved the loan for Pakistan’s Power Transmission System Modernization Project?
Answer: Asian Development Bank (ADB).
2. How much was the approved loan for the project?
Answer: $378.9 million.
3. In which month and year was the loan approved?
Answer: January 2026.
4. What is the main purpose of the Power Transmission System Modernization Project?
Answer: To improve Pakistan’s electricity transmission network and reduce power losses.
5. What does ADB stand for?
Answer: Asian Development Bank.