Power Transmission Investment Program (Multitranche Financing Facility and Tranche 3)

The program correctly sought to balance power load between the three regions (outcome) to remove transmission bottleneck that would promote proper siting and least-cost power generation planning, whic is particularly important for transitioning from fuel-based to renewable energy-based power generation. To highlight this importance, the design and monitoring framework needed a target for annual energy flows across regions that is contingent on a sound medium- to long-term energy investment program.