World Bank to provide additional financing for Dasu dam transmission line.

ISLAMABAD -- The World Bank will extend $ 700 million additional financing for transmission line for Dasu Hydropower Project, media reported on Monday.

The World Bank Country Director, Patchamuthu Illangovan has conveyed the decision in a letter to the Secretary Ministry of Water Resources, sources said.

'The World Bank plans to appraise the project from December 12, 2019 and to negotiate the matter in the last week of January 2020.'

The project's PC-1 has already been approved.

The World Bank appreciated the stakeholders for extending support to get approval for the revised land rates and compensation for the Dasu land acquisition, which was approved by the...