#implementation


Germany to provide $35.5M to Ukraine for transformer upgrades

Germany will assist Ukraine with a $35.5 million (€32.5 million) loan for the implementation of the second phase of the power transmission upgrade project aimed at increasing energy efficiency through modernization of transformer substations.

$500M loan approved for $1.45B electrification program in Sumatra

Indonesia, Jakarta: Indonesia’s state-run utility PLN will receive a $500 million loan from the World Bank aimed to support implementation of the electrification program which will bring electricity to parts of Sumatra which are yet to be connected to the national grid.