Thu, Feb 25, 2021
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Finance more

IDB to finance Pak power project

Posted on 31 January 2011

From Arabnews.com: The Islamic Development Bank (IDB) has signed an agreement to extend its long-term lease finance (Ijara) facility of up to $90 million for the development of the Uch-II combined cycle independent power plant project in the Baluchistan province of Pakistan.

International Power PLC of the UK is sponsoring the project, which will add a net generation capacity of 375 MW to the national grid under a 25-year contract with the National Transmission and Distribution Company of Pakistan and thereby make a significant contribution to improving the power supply situation of the company…………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
February 2021
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728