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World Bank approves additional USD300m financing for T4HP
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World Bank approves additional USD300m financing for T4HP
ISLAMABAD: The World Bank (WB) has approved an additional USD 300 million in financing for the Tarbela Fourth Extension Hydropower Project (T4HP) to help cover cost overruns associated with the Tarbela Fifth Extension Hydropower Project (T5HP). Official sources revealed that the government had sought the additional financing of USD 300 million from the Bank for T4HP. This amount will be the final tranche of investment from the World Bank to help…
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