| Project Detail |
The development objectives of Central Asia South Asia Electricity Transmission and Trade Project for Pakistan is to create the conditions for sustainable electricity trade between the Central Asian countries of Tajikistan and Kyrgyz Republic and the South Asian countries of Afghanistan and Pakistan. This restructuring requires the following changes: (i) the additional financing (AF) for Central Asia South Asia (CASA) 1000 (Pakistan) will help to close the financing gap for the committed contracts for goods, works, and services for the Pakistan High Voltage Direct Current (HVDC) converter station (Component A2) to allow National Transmission and Despatch Company (NTDC), the implementing entity, to complete the infrastructure part of the project on time; (ii) the government of Pakistan (GoP) will make the AF proceeds available to NTDC under a subsidiary agreement to be signed between the GoP and NTDC; (iii) change in procurement; and (iv) change in the closing date of the project to March 31, 2023. Read Less» |
