ADB approves $171 million loan for electricity infrastructure

17 December 2020
ADB approves $171 million loan for electricity infrastructure

The Asian Development Bank (ADB) has approved a $171 million loan to Myanmar with the construction of electricity infrastructure, according to pinsentmasons.com.

The fund will be used to build 44 medium voltage substations and 1,006 kilometres of distribution lines across Kayin state, the Ayeyarwady, east Bago and Magway regions. According to a statement, this will bring electricity to over 40,000 households.

Myanmar will also set up its first computerised system for electricity distribution to optimise power distribution through real-time monitoring and network fault management.