After completion, the projects will contribute 100 megawatts of electricity to the national power grid, says a press release.
The transactions are valued at $250 million and sponsored by the Fauji Foundation, Fauji Fertilizer Bin Qasim, Tapal Group and Islamic Infrastructure Fund.
In addition to the role of lead arranger, NBP is also acting as an inter-creditor agent, project accounts bank and project monitoring bank for the transactions.
The transactions received the award on the basis of innovation, best practice, problem solving, risk mitigation, value for money and speed of delivery in financing.
Published in The Express Tribune, March 22nd, 2013.
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