ADB to Lend $900 Million for Coal Plant Unit in Pakistan
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The Asian Development Bank will lend $900 million to build a 600 megawatt coal-fired power generation unit in Pakistan as part of efforts to provide cheap and reliable power.
The unit will be built at an existing power plant in the town of Jamshoro in Sindh province, about 150 kilometers (93 miles) east of Karachi, the multilateral lender said in a statement today.