Dhaka, Dec. 26 -- The Asian Infrastructure Investment Bank (AIIB) is set to provide US$881 million to help modernise electricity distribution networks in four divisions, aiming to enhance the reliability and efficiency of power supply for nearly 18 million consumers under the Bangladesh Rural Electrification Board (BREB).

To this effect, the Power Division has proposed two projects with a combined cost of Tk 152.26 billion to construct and modernise around 49,500-kilometre distribution lines, along with the installation and augmentation of substations, having a total capacity of 3,447 megavolt-amperes (MVA).

The initiatives aim to introduce Supervisory Control and Data Acquisition (SCADA) systems and other modernisation measures across ...