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ADB signs $500 million loan to strengthen Turkmenistan’s electricity supply, boost regional power trade

The Asian Development Bank (ADB) and the Government of Turkmenistan signed a $500 million loan to strengthen Turkmenistan’s transmission network, improve the reliability of the country’s power supply, and increase electricity exports to neighboring countries. The signing was conducted at the sidelines of the 17th Ministerial Conference on CAREC held in Ashgabat, Turkmenistan.

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