<article><p>T he Electricity Grid Modernisation Project that was signed between the Asian Development Bank and the Ministry of Finance in November 2020 has received an additional $60 million loan. The project which had a start in February amounts to $156 million and has been allocated to the Nepal Electricity Authority (NEA). The project aims to strengthen and modernise Nepal’s transmission capacity and electricity distribution system.</p></article>

<p><img src="https://superdesk-pro-c.s3.amazonaws.com/sd-nepalitimes/20221110161144/636d1d119c7e80680e0af391jpeg.jpg" alt="" width="4032" height="2268"></p><p>T he Electricity Grid Modernisation Project that was signed between the Asian Development Bank and the Ministry of Finance in November 2020 has received an additional $60 million loan. The project which had a start in February amounts to $156 million and has been allocated to the Nepal Electricity Authority (NEA). The project aims to strengthen and modernise Nepal’s transmission capacity and electricity distribution system.</p>

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Asian Development Bank Loan received

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