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Article: Pakistan: Fund raising deal inked for 84 MW Hydel Project.
- Article from:
- TendersInfo
- Article date:
- November 12, 2009
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Byline: shiv03
The Hub Power Company (HUBCO) has inked a fund raising deal for the first private sector 84 mega watts (MW) hydel project. Talking to Geo News, HUBCO s Chief Executive Javed Mehmood said that HUBCO will provide 25 percent of funds, whereas a consortium of banks will afford rest of the 75 percent for $23.30 billion project.
Javed said it is for the first time that international monetary institutions ...