In November 2023, ADB approved $_____ million for power networks.

A. $350m
B. $250m
C. $270m
D. $280m

Answer

Correct Answer: B. $250m


Detail About MCQs

The Asian Development Bank (ADB) on November 17, 2023, announced that it had approved $250 million in loans to Pakistan for improving its power transmission network in Punjab and Khyber Pakhtunkhwa to ensure reliable electricity supply. The project is aimed at helping the country achieve national grid stability, energy security, climate resilience, and increased transmission capacity to deploy sufficient, reliable, clean, and cost-effective energy for sustainable economic growth.

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