The World Bank has expressed its willingness to provide $150 million to Pakistan, while $135 million will be provided as a loan for the energy sector projects.
According to documents, the World Bank will also provide $15 million as a grant. The energy sector plan aims to improve the efficiency of the energy sector. Commercial, industrial and residential buildings will be shifted from gas to electricity.
The implementation on the project is estimated to save Rs291.65 billion annually.
According to sources, private sector investment will also be promoted in the energy sector, while the construction of energy-efficient buildings will also be encouraged.
