A. IMF
B. Asian Development Bank
C. World Bank
D. Islamic Development Bank
Submitted by: Areesha Khan
The International Bank for Reconstruction and Development (IBRD), part of the World Bank Group, approved a $378.9 million loan for Pakistan’s power transmission system modernization project in early 2026. The project aims to improve energy security, enhance grid stability, and integrate renewable energy, with co-financing from the Asian Infrastructure Investment Bank (AIIB) and the Islamic Development Bank (IsDB).
Key details of the project include:
Financing Institution: IBRD (World Bank).
Loan Amount: $378.9 million.
Focus Areas: Installing reactive power management devices, upgrading transmission infrastructure, and supporting National Transmission and Despatch Company (NTDC) institutional reforms.
Total Expected Financing: ~$698.75 million, including $92.5 million from AIIB and $92.7 million from IsDB.
The correct answer to the question: "Which international institution approved a $378.9 million loan for Pakistan’s Power Transmission System Modernization Project in January 2026?" is "World Bank".