HBL, NBP offer to invest Rs84b in 1,200MW LNG-based power plant

[Edevelop]

LAHORE - Presidents of Habib Bank Limited and National Bank of Pakistan called on Chief Minister Punjab Muhammad Shahbaz Sharif, here on Friday and presented an offer to underwrite the project financing amounting to Rs 84 billion, for Punjab government’s 1200 MW LNG-based power plant at Bhikki Sheikhupura.

This is the first of its kind project and the biggest project financing portfolio arranged by local banks in the history of the country.
Both the Banks expressed full confidence in the commercial and economic viability of the project and called it an important initiative towards alleviation of energy crisis.
The Presidents of the banks expressed confidence in the leadership of the Chief Minister Punjab and his team.
They highlighted that completion of earlier projects in Punjab in record time has given a lot of confidence to the banks and the Punjab government enjoys high degree of credibility.
They expressed confidence in the capacity of the Punjab government.
The Bank Presidents resolved to work with other financial institutions to raise the financing in the shortest possible time to meet the stringent guidelines.
The planned financing by the banks is the single largest financing for an energy project which has been domestically raised.
The plant will be operated on imported LNG and shall start operation in 2017.

HBL, NBP offer to invest Rs84b in 1,200MW LNG-based power plant

 

[I FLY HIGH]

in kpk , pervaiz khattak cries that he does not have money to build any energy project . why he cant go for bank financing ?

 

[Pak_Sher]

This is good news for the project and will save foreign exchange payments.

 

[Quibbler]

..that is cheap ...considering cost per MW is usually above 1 mill $

 

[SBD-3]

in kpk , pervaiz khattak cries that he does not have money to build any energy project . why he cant go for bank financing ?

His own provincial bank i.e. Bank of Khayber is being gradually acquired by the Ismail Industries (Candyland walay)

 

[Dubious]

in kpk , pervaiz khattak cries that he does not have money to build any energy project . why he cant go for bank financing ?

Because federal is sitting on their money.....when you do have money which a gainda is sitting on why increase loans?

 

[Edevelop]

Because federal is sitting on their money.....when you do have money which a gainda is sitting on why increase loans?

So for the KP CM to seek investments from local banks like Punjab CM is doing, he still needs to go to Federal Government ?

 

[Dubious]

So for the KP CM to seek investments from local banks like Punjab CM is doing, he still needs to go to Federal Government ?

Why should they seek new "investments" when they have money but federal is sitting on it?

 

[assas]

ہارون رشید کی نواز حکومت کی گورننس پر کڑی تنقید، حکومت کی شعبدہ بازیاں بے نقاب کردیں اور بہاولپور سولر پاور پراجیکٹ کی اصلیت کھول دی۔


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یہ پوسٹ صرف ہنسی مزاح کے لیے ہے .. انجوئے کریں !!


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اسحاق ڈار کی وزارت میں کتنا قرضہ لیا جا چکا ہے ؟

کیا احساس عہدوں پر تعینات افسران ریٹائرمنٹ کے بعد نوکری کر سکتے ہیں ؟

مجھے طاہر لاہوتی بہت یاد آ رہا ہے اسحاق ڈار بہت خوش ہیں پورے ملک کو خوشخبری دی ہے خوشی سے وہ بےحال ہیں کہ آئی ایم ایف کے ساتھ ہمارے مزاکرات کامیاب ہو گئے ہیں

جب سے طاہر لاہوتی صاحب اسحاق ڈار تشریف لائے ہیں انہوں نے .... کا قرضہ لیا ہے پاکستان کے لئے سنیں رؤف کلاسرا کے انکشافات


Muqabil - 12th May 2015 - Yeh Arbo Kharbo Kay Qarzay Kahan Kharch Ho Rahay Hain ?
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وزیراعلٰی پنجاب شہباز شریف کا لاہور کو پیرس بنانے کا خواب ادھورا رہ گیا۔ جگہ جگہ گندگی، ابلتے گٹر، بدبو نے لاہور کا حلیہ بگاڑدیا


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دوسروں کو نصحت ، خود میاں فضیحت۔۔۔میاں صاحبان نے اربوں روپے کے قرضے معاف کروائے۔ بنک ڈیفالٹ کے کیسز عدالتوں اور نیب میں چل رہے ہیں اور دوسروں کو الزام دے رہے ہیں کہ قوم کا پیسہ معاف کرایا جارہا ہےہے۔ذرا ملاحظہ کیجئے کہ شریف برادران نے کب کب کتنا قرضہ معاف کروایا؟ کب بنک ڈیفالٹر ہوئے اور عدالتوں اور نیب میں ان کے خلاف کون کونسے کیسز چل رہے ہیں؟


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[Edevelop]

Why should they seek new "investments" when they have money but federal is sitting on it?

In other words what you are saying is that KP is so rich (even richer than Punjab) that it can finance anything ?

LOL Punjab Government which makes 60% of population and 70% of economy has been receiving far less budget then it should have since Pakistan was created. Wanna know even whats more unfair ? In the little budget they get, some of it is used to give aid, funding for infrastructure development, scholarships, quotas, wheat, and other agriculture commodities to other provinces. I have an advice for you. Don't start this pathetic discussion because it aint gonna end anywhere.

 

[assas]

اسامہ بن لادن پاکستانی حکومت کی حفاظتی تحویل میں تھا۔ نجم سیٹھی کی انڈین چینل پر جاکر پاکستانی حکومت اورفوجی اسٹیبلشمنٹ کی برائیاں


Osama was in protective custody of Pakistan govt: Najam Sethi on Indian TV
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بیت اللہ محسود مولانا فضل الرحمان کے پاؤں دبایا کرتے تھے۔ رؤف کلاسرا نے مولانا فضل الرحمان اور طالبان کا گٹھ جوڑ ایکسپوز کردیا ۔


Baitullah Mehsud Molana Fazl ur Rehman ke paaun dabaya karta tha :- Rauf Klasra
Discussion forum on Pakistani politics
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[Dubious]

In other words what you are saying is that KP is so rich (even richer than Punjab) that it can finance anything ?

No did I say that? I am asking where their money is and if federal is planning on using their money and pretending they chimed in for fame?

LOL Punjab Government which makes 60% of population and 70% of economy has been receiving far less budget then it should have since Pakistan was created. Wanna know even whats more unfair ? In the little budget they get, some of it is used to give aid, scholarships, wheat, and other agriculture commodities to other provinces. I have an advice for you. Don't start this pathetic discussion because it aint gonna end anywhere.

Why does Punjab do it then?

Votes, fame? Which one? The day you see Pakistan as a single country and not worry about all this and treat everyone equally will be the day you can see what shit is happening all around and who is dividing who

 

[Edevelop]

Why does Punjab do it then?

Votes, fame? Which one? The day you see Pakistan as a single country and not worry about all this and treat everyone equally will be the day you can see what shit is happening all around and who is dividing who

Because people like you, PPP, ANP, and other nationalist parties will cry a foul and Punjab does it for the interest of Pakistan.

If you have a better solution to offer please say it here.

 

[ziaulislam]

Because federal is sitting on their money.....when you do have money which a gainda is sitting on why increase loans?

loans cant be provided to province withoit federal grantees. Federation has blocked several hydro projects in KPK that were based upon loans

in kpk , pervaiz khattak cries that he does not have money to build any energy project . why he cant go for bank financing ?

His own provincial bank i.e. Bank of Khayber is being gradually acquired by the Ismail Industries (Candyland walay)

its been proposed in public private partnership , isnot that a good thing? bank saw tremendous growth during last 2 years

Because people like you, PPP, ANP, and other nationalist parties will cry a foul and Punjab does it for the interest of Pakistan.

If you have a better solution to offer please say it here.

we have nothing against punjab, we just want the federation to give what the provinces should have

 

[Kabira]

loans cant be provided to province withoit federal grantees. Federation has blocked several hydro projects in KPK that were based upon loans


its been proposed in public private partnership , isnot that a good thing? bank saw tremendous growth during last 2 years


we have nothing against punjab, we just want the federation to give what the provinces should have

See to day news, federal support KPK hydro projects.

In other words what you are saying is that KP is so rich (even richer than Punjab) that it can finance anything ?

LOL Punjab Government which makes 60% of population and 70% of economy has been receiving far less budget then it should have since Pakistan was created. Wanna know even whats more unfair ? In the little budget they get, some of it is used to give aid, funding for infrastructure development, scholarships, quotas, wheat, and other agriculture commodities to other provinces. I have an advice for you. Don't start this pathetic discussion because it aint gonna end anywhere.

Solution is to make more provinces after next year census and make NFC award fair. So big province vs small province crap can be done with.