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HBL, NBP to provide Rs84 billion for 1200 MW LNG-based power plant

byCT Report
16/05/2015
in Business
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LAHORE: Presidents of Habib Bank Limited and National Bank of Pakistan called on Chief Minister Punjab Shahbaz Sharif here on Friday and presented an offer to underwrite finance amounting to Rs 84 billion for Punjab government’s 1200 megawatts LNG-based power plant at Bhikki Sheikhupura.

Both banks expressed full confidence in the commercial and economic viability of the project and called it an important initiative towards alleviation of energy crisis.

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