Asian Development Bank will provide Rs 4.5 billion as soft loan for "Waste to Energy Project" of Capital Development Authority.

Total project cost is estimated at Rs six billion. During a press conference, Chairman CDA Engr. Farkhand Iqbal said that ADB will provide 75 percent financing to this project, while CDA will generate the 25 percent by cutting its non-development budget.

He said that PC-1 of this project has been sent to the Cabinet for approval and soon after receiving green signal from the Cabinet ADB would start disbursing the amount pledged for this project.