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USD425m NTM-I project: World Bank flags delays in implementation

ISLAMABAD: The World Bank has flagged delays in the implementation of Pakistan’s USD 425 million National Transmission Modernisation-I Project, with only 60.12 percent of the loan disbursed and significant funds remaining undisbursed, primarily due to slow progress on the Islamabad West Substation contract. According to Bank’s documents, overall implementation progress has picked up but remains…

First reported by Business Recorder 1 source
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Image: Business Recorder
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  1. Business Recorder

    USD425m NTM-I project: World Bank flags delays in implementation (opens Business Recorder in a new tab)

    ISLAMABAD: The World Bank has flagged delays in the implementation of Pakistan’s USD 425 million National Transmission Modernisation-I Project, with only 60.12 percent of the loan disbursed and significant funds remaining undisbursed, primarily due to slow…

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