Recently, Which international organization approved $300m loan for hydropower plant in KP.

A. OIC
B. WB
C. IMF
D. ADB

Answer

Correct Answer: D. ADB


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The Asian Development Bank (ADB) approved on March 30, 2021, a $300 million loan to finance the construction of a 300-megawatt hydropower plant that will increase the share of clean energy in the country`s power generation mix besides improving the energy security. The plant will be built on the Kunhar River near Balakot city and commissioned by 2027.

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