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KE, ADB discuss $2bn plan

2025-01-31
KARACHI: K-Electric CEO Moonis Alvi met with the Asian Development Bank`s private sector operations team, led by Deputy Director General Cathy Marsh, to explore areas of cooperation and investment in power sector.

Discussions focused on $2bn plan to strengthen the power infrastructure, with ADB`s potential role as a financer being a key area of interest.

According to a press release, the engagement reinforced KE`s commitment to sustainable growth and ensuring a reliable power supply for Karachi.-Staff Reporter