Pakistan seeks an additional $300 million from the World Bank for the Tarbela Fifth Hydropower Project, crucial for ensuring safe operation of the Tarbela Reservoir and boosting electricity generation by 2027.
BR
May 17, 2026
ISLAMABAD: The government has sought a second additional financing of USD 300 million from the World Bank for the Tarbela Fourth Extension Hydropower Project (T4HP) to address cost overruns in the Tarbela Fifth Extension Hydropower Project (T5HP).
Official documents revealed that T5HP is at an advanced stage of construction, with progress described as highly satisfactory and commissioning of the generation units expected in July 2027.
The documents stated that completion of T5HP is essential for the safe operation of Tunnel 5 and the Tarbela Reservoir, Pakistan’s most critical infrastructure for irrigation and electricity generation.
The proposed AF will be the final tranche of investment from the World Bank to help achieve the outcomes envisaged under T5HP.