Four $2.3bn power projects declared 'problematic'.

(iv) CASA-1000- The project which is being executed by NTDC is being funded by World Bank and IsDB with a loan of $ 220 million of which $24 million has already been disbursed. The Ministry of Economic Affairs has reportedly declared four power sector projects worth $2.3 billion problematic and directed the Power Division and its attached organizations to expedite implementation of the projects. (iii) National Transmission Modernization (Phase-1) (NTMP) of NTDC is being funded by the World Bank with a loan amount of $425 million of which $2 million has already been disbursed. [Extracted from the article]