[IPP] CDB pledges loan for 1,320MW Imported Fuel Power Plant Project in Tehsil Liaqatpur

Funder	China (People's Republic of)
Recipient Organization	Pakistan
Country	Pakistan
Start Date	Dec 31, 2014
End Date	Jul 25, 2031
Duration	6,050 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`52716`

Grant Description

[IPP] CDB pledges loan for 1,320MW Imported Fuel Power Plant Project in Tehsil Liaqatpur In 2014, China Development Bank provided a letter of intent (LOI) to Nishat Energy (Private) Limited to indicate that it was willing to finance the 1,320MW Imported Fuel Power Plant Project in Tehsil Liaqatpur, Rahimyar Khan District, Punjab Province.

Nishat Energy (Private) Limited is a project company (special purpose vehicle) created to finance, design, implement, and maintain the 1,320MW Imported Fuel Power Plant Project in Rahim Yar Khan.

📋 Loan / Grant Terms

💰 Loan Amounthad an interest rate of 3-month LIBOR (0

The value of the loan is unknown. Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.