ADB decides to lend to Turkmenistan

The ADB has decided to lend $500 million to Turkmenistan to help the country augment its power transmission network, improve the reliability of power supply, and facilitate the export of excess electricity to neighbouring countries. The funds will be used for the construction of about 1,100 km of new 110 kV, 220 kV and 500 kV transmission lines and expansion of three existing substations in various parts of the country. ADB will also finance the construction of 500 kV substations in Balkan and Dashoguz, as well as 220 kV substations in Ahal, Balkan and Dashoguz. This is part of the National Power Grid Strengthening Project, which aims to establish an interconnected national transmission grid to improve network reliability and energy efficiency while at the same time boost Turkmenistan’s capacity to trade electricity with Kazakhstan, the Kyrgyz Republic, Pakistan, Tajikistan and Uzbekistan, and increase the volume of current electricity exports to Afghanistan.

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