Pakistan has secured an pound 18m grant from Germany's development bank to accelerate renewable energy projects in its northern areas, aiming to expand clean power access and support regional development. The agreement was signed between Muhammad Humair Karim and Sebastian Jacobi, representing KfW, according to the Ministry of Economic Affairs. Under the arrangement, the funding will be directed towards renewable energy and hydropower initiatives, leveraging the region's water resources to generate environmentally sustainable electricity. The programme is intended to improve living standards and ensure more reliable energy access in remote areas. Officials noted that the initiative also aims to contribute to broader socio-economic development. In addition to expanding power supply, the projects are expected to support employment generation and encourage tourism in the northern regions. The agreement underscores ongoing bilateral cooperation between Pakistan and Germany in development financing, with a foc us on clean energy solutions and community-level benefits.
Pakistan Secures pound 18 Million Grant To Expand Renewable Energy In Northern Regions
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