BOP to arrange over Rs 20b for Punjab Thermal Power Project

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A signing ceremony for the award of debt arrangement mandates exceeding PKR 20Bln to The Bank of Punjab (BOP) by Punjab Thermal Power Limited (PTPL) and Energy Department, Government of the Punjab (GoPb), was held on 26th August, ’22 at BOP Head office.

The ceremony was attended by Mr. Ajmal Bhatti (Secretary Energy, GoPb), Mr. Salman Zakaria (CEO, PTPL), Mr. Ghazanfar Jillani (Director & Acting, BOP) and Mr. Zafar Masud (President & CEO, BOP) along with other senior officials of PTPL and BOP.

PTPL, sponsored by Energy Department, GoPb, is developing a 1,263MW RLNG-fired power plant to provide clean energy in Pakistan with a project outlay of PKR 120 billion.

It is one of the largest and most efficient independent power producers in Pakistan, which shall help in addressing energy deficit problem of the country at an affordable cost.

 

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