Aid for energy sector

PUBLISHED : Monday, 18 September, 1995, 12:00am
UPDATED : Monday, 18 September, 1995, 12:00am

BANGLADESH says international donors will extend US$729 million in credit to its money-starved power sector.

The donors agreed to make new aid available provided Bangladesh fulfil conditions related to reforms, Energy Ministry officials said.

Bangladesh's public-sector power generation and distribution departments suffered millions of dollars in annual losses due to inefficient management and leakage in the supply system, the energy officials said.