ISLAMABAD - Asian Development Bank (ADB) has proposed establishment of Special Trust Fund (STF) and assured that it would fully assist repair and rehabilitation of infrastructure of power system damaged in floods in the country. This was stated by Jaun Miranda, Director General of Central West Asia Department of Asian Development Bank (ADB), who called on Federal Minister for Water and Power Raja Pervaiz Ashraf along with an eight-member delegation here Friday. Miranda said that ADB had already announced two billion dollars emergency grant to help repair massive damage to infrastructure caused by the countrys recent floods. He said that ADB would work with Pakistani power sector officials to asses the scale of the damage at the earliest. He said that STF would channel donor contribution for reconstruction. He said that the assessment of power sector damage would be made on the need basis and then investment plan would be finalised. The Minister while welcoming the delegation appreciated the financial assistance by ADB for Pakistan and said that ADB had always supported the country. He said that nobody could visualise the havoc caused by floods in the country. People were badly affected due to floods in the country. He briefed the delegation about the initial loss estimates of PEPCO and WAPDA. He said the power infrastructure in Khyber Pakhtunkhwa was severely affected. He said that loss estimates would be authenticated by ADB. The Minister said, We have to tackle it in an emergent way to provide relief to the people. The details of the damages caused to the infrastructure of power system due to flood shall be prepared immediately and transmitted to ADB assessment and validation, he added. The Minister also briefed the delegation regarding steps taken for repair of the power sector in the affected areas. He said that electricity was being restored on emergency basis in the affected areas and most of the areas had been energised. He also thanked for announcement of $2 billion emergency grant for reconstruction.