Dhaka, Jun 30 (IANS): The Bangladesh government and the World Bank have signed a 515 million financing agreement to help 9 million people in country get access to reliable electricity supply while transforming to clean energy, the global lender said on Thursday.
It said the Electricity Distribution Modernization Program will support the digitization and modernization of 25 rural electric cooperatives or Palli Bidyut Samitis in Dhaka and Mymensingh Division and reduce electricity system losses by over 2 per cent, reports Xinhua news agency.
The program will increase Bangladesh Rural Electrification Board’s (BREB) delivery of electricity by 6,790 GWh while improving the climate resilience of the electricity system.
“The government of Bangladesh has prioritized access to…