The Asian Infrastructure Investment Bank (AIIB) has agreed to finance the Dhaka and Western Zone transmission grid expansion project in Bangladesh. The proposed project will see the construction of 408km of transmission lines, substations and bay extensions.

Once completed, the project is expected to lower the number of annual power outages from 60 to 15 and reduce transmission loss from 2.7% to 2.5% by 2025. In addition, the project is expected to add 7,440 megavolt-ampere (MVA) of power transmission capacity and decrease average annual carbon dioxide emissions by 455,785t.

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