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World Bank may give $6 million for hydropower environment

The World Bank is considering providing $6 million for Infrastructure Project Development Facility (IPDF) to develop an enabling environment for hydropower business in Pakistan. According to WB sources, the component will build the capacity of the Infrastructure Project Development Facility (IPDF), in particular the new water cell tasked with developing financing strategies for water sector programmes and hydropower infrastructure and with providing advice on a variety of financial, fiscal, legal and regulatory issues.

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