ADB eyes Pakistan's Balakot hydropower plant financing

ADB is eyeing up a $300 million loan to back the $755 million 300MW Balakot run-of-river hydropower plant in Pakistan. While the DFI is the lead co-financier on the deal, it has yet to provide final approval.The project, located on the Kunhar River in Masehra, Khyber Pakhtunkhwa, will produce around...