The Board of Directors of the African Development Bank has approved a loan of UA 30 million ($42.9) million to finance the second phase of a major power transmission and interconnection project in Madagascar.
The Power Transmission Network Reinforcement and Interconnection Project in Madagascar (PRIRTEM-II) includes the construction of a 135-km, 220 kV interconnection line between the capital Antananarivo and the central industrial city of Antsirabé. […]
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