AFD, NTDC Sign 180m Accord For Power Transmission
Umer Jamshaid Published July 24, 2023 | 10:14 PM
French Development Agency (AFD) and the State-run National Transmission and Dispatch Company Limited (NTDC) entered into a project agreement for the provision of 180 million soft loan for the construction of NTDC projects
MIRPUR (UrduPoint / Pakistan Point News - 24th Jul, 2023 ) , French Development Agency (AFD) and the State-run National Transmission and Dispatch Company Limited (NTDC) entered into a project agreement for the provision of 180 million soft loan for the construction of NTDC projects.
In a ceremony held at the NTDC office in the Federal metropolis on Monday, Engr. Dr. Rana Abdul Jabbar Khan, Managing Director NTDC, and Mr. Philippe STEINMETZ, Country Director AFD, signed the project agreement, says an official statement released to the media late Monday.
The funds provided through this loan will assist NTDC in the execution of various projects aimed at enhancing the power transmission and distribution systems in Punjab.
The projects include the construction of a new 220 kV grid station and a 50 km transmission line in Arifwala, which will be connected to the MEPCO distribution system.
Additionally, the existing 220 kV grid station in Vehari will be upgraded to 500 kV level, along with a 48 km transmission line.
This upgrade will significantly increase the transmission capacity and benefit the consumers of MEPCO. Furthermore, a new 500 kV grid station in Sialkot together with 91 km of transmission lines will be constructed and connected to the GEPCO distribution system.
This loan will support NTDC to provide reliable and efficient power supply in major cities of Punjab.
The funding will also enhance the efficiency of transmission of power in Pakistan.
Such benefits will contribute in improving affordability and scaling up the energy supply.
It will also provide reliable power supply to the biggest industrial and sports city of Sialkot.
The project agreement signing ceremony was attended by the General Manager (PD North), Chief Engineer (Substation Design), Chief Engineer (Dasu Transmission Line Project), DG Human Resources, Dy. Manager PMU NTDC and representatives of AFD.
Related Topics
Recent Stories
Mahira Khan delights at Arijit Singh’s concert in Dubai
Dubai Customs Celebrates World Intellectual Property Day, Honors Schools and Uni ..
Vivo Reveals Durefishan Saleem as Brand Ambassador for its Upcoming Y100 Smartph ..
FIA investigates alleged irregularities in tickets’ sale for PSL, int’l matc ..
IMF approves $1.1b final tranche for Pakistan
Naseem Shah among others who registers for LPL 2024
NAB withdraws LNG reference against Shahid Khaqan Abbasi
Mohsin Naqvi to visit Karachi today
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 30 April 2024
Today Gold Rate in Pakistan 30 April 2024
Wembanyama in France: NBA Spurs to play Pacers in Paris in January
Russian missile kills two in Ukraine's Odesa: governor
More Stories From Pakistan
-
DPO holds meeting
2 minutes ago -
Couple suffered burns
2 minutes ago -
Pakistan, Qatar agree to further solidify parliamentary relations
2 minutes ago -
Prize distribution ceremony held at PHA
2 minutes ago -
FDA for action against defaulters
12 minutes ago -
ACT alliance demands full implementation of track, trace system amid fiscal failures
12 minutes ago
-
AIOU extends admission date of BA,ADP programs:
22 minutes ago -
Minor girl hospitalized after stray dog attack
22 minutes ago -
Seminar held
22 minutes ago -
Cop on security of polio team shot dead in Bajaur
32 minutes ago -
DC chairs meeting regarding elimination of encroachment
32 minutes ago -
Anti-Polio drive in full swing
32 minutes ago