{
    "success": true,
    "data": {
        "id": 1003585,
        "msgid": "adb-gives-loan-to-rp-1447893297",
        "date": "1994-09-14 00:00:00",
        "title": "ADB gives loan to RP",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "ADB gives loan to RP MANILA (AFP): The Philippine-based Asian Development Bank (ADB) has approved a US$164 million loan to the state-run National Power Corp. (NPC) for a major power transmission project south of Manila, Energy Secretary Delfin Lazaro said yesterday. Lazaro said the project involves the construction of a 125- kilometer (78-mile), 500-kilovolt (KV) overhead transmission line from Tayabas town to Dasmarinas town in Cavite province just across Manila Bay.",
        "content": "<p>ADB gives loan to RP<\/p>\n<p>MANILA (AFP): The Philippine-based Asian Development Bank<br>\n(ADB) has approved a US$164 million loan to the state-run<br>\nNational Power Corp. (NPC) for a major power transmission project<br>\nsouth of Manila, Energy Secretary Delfin Lazaro said yesterday.<\/p>\n<p>Lazaro said the project involves the construction of a 125-<br>\nkilometer (78-mile), 500-kilovolt (KV) overhead transmission line<br>\nfrom Tayabas town to Dasmarinas town in Cavite province just<br>\nacross Manila Bay.<\/p>\n<p>An additional 65 kilometers (40.62 miles) of 250-KV lines to<br>\nconnect substations in four towns along or near the route would<br>\nalso be installed.<\/p>\n<p>The ADB loan is payable in 20 years, inclusive of a three-year<br>\ngrace.<\/p>\n<p>He said the main objective of the project, which has been<br>\nawared to Swedish firm Asea Brown Boveri, is to transport<br>\nelectricity from a 700-megawatt plant in Pagbilao town, Quezon<br>\nprovince to the south to the Philippine capital.<\/p>\n<p>The coal-fired plant, scheduled to be commissioned early next<br>\nyear, is being built by Hong Kong-based Hopewell Holdings Ltd.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/adb-gives-loan-to-rp-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}