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IDB, ADB agree to fund wind power projects

Posted on 24 May 2012

The Islamic Development Bank and the Asian Development Bank has agreed to a $133 million financing plan to develop two wind projects in Pakistan as the nation seeks new renewable sources to overcome power shortages.
Fauji Foundation, set up as a charitable trust for former servicemen, and the nation’s Tapal Group are backing the projects totaling 100 megawatts, according to a statement by the Islamic Development Bank………………………………………..Full Article: Source

 
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