WB to fund fan replacement plan


The World Bank (WB) has shown willingness to extend financing for government initiative to replace inefficient fans which will cost over Rs300 billion, official sources said.

In this regard, a meeting was held in the PM’s Office under the chairmanship of SAPM on Governance Effectiveness Jehanzeb Khan to streamline the implementation of energy efficiency initiatives.

Power Division presented the initial concept of fan replacement program.

Additional Secretary Power Division suggested that NEECA may lead the initiative through a dedicated Project Management Unit (PMU).