AIIB expresses interest to finance NTDC projects

News Image

MG News | February 14, 2020 at 09:40 AM GMT+05:00

0:00

Feb 14, 2020: Asian Infrastructure Investment Bank (AIIB) expressed interest in financing to development projects of National Transmission and Despatch Company Limited (NTDC) in line with the government priorities.

According to NTDC spokesperson, AIIB delegation led by Director General Investment Operation Region Ms.Supee Teravaninthorn, showed interest during meeting with NTDC General Managers and Chief Engineers under the convenorship of Dy Managing Director NTDC Wajahat Saeed Rana at NTDC head office on Thursday.

Ms.Supee Teravaninthorn said that AIIB was providing its support for policy reforms and project financing in the key priority areas such as energy, road, social sector, water and irrigation and urban services.

She reiterated AIIB’s strong commitment to further strengthening and expanding its partnership with Pakistan.

During the meeting, NTDC management gave detailed presentation on NTDC projects.

AIIB delegation expressed its interest in 235 km long 500 KV double circuit transmission line from Maira Switching Station (Kallar Syedan) to 500 KV North Lahore grid station and 20 km long 500 KV double Circuit Transmission Line from Karot HPP to Maira Switching Station.

NTDC officials also informed the delegation about current status of these projects.

Power System Planning department also shared a list of future projects of NTDC for consideration of the AIIB delegation. To have a better coordination and future deliberations, Chief Engineer PMU NTDC was nominated as focal person.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 138,597.36
256.32M
-0.05%
-68.14
ALLSHR 85,286.16
608.38M
-0.48%
-413.35
KSE30 42,340.81
77.13M
-0.03%
-12.33
KMI30 193,554.51
76.19M
-0.83%
-1627.52
KMIALLSHR 55,946.05
305.11M
-0.79%
-443.10
BKTi 38,197.97
16.53M
-0.59%
-225.01
OGTi 27,457.35
6.73M
-0.94%
-260.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,670.00 121,165.00
117,035.00
-1620.00
-1.36%
BRENT CRUDE 69.23 70.77
69.14
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.03 67.54
65.93
-0.20
-0.30%
SUGAR #11 WORLD 16.79 17.02
16.71
0.05
0.30%

Chart of the Day


Latest News
July 18, 2025 at 07:21 PM GMT+05:00

Pakistan strengthens UK trade links


July 18, 2025 at 05:36 PM GMT+05:00

Pakistan, China set to advance agricultural innovation


July 18, 2025 at 05:10 PM GMT+05:00

PSX Closing Bell: Riding High, Ending Low



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg