LAHORE: The National Transmission and Despatch Company (NTDC) has announced its plan to establish a 220/132-kilovolt sub-station and lay allied transmission lines after successfully securing Rs6.4 billion from a consortium of banks.
The initiative is set to add 956 megawatts of clean energy transmitted from 19 wind power plants located at the Jhimpir wind corridor to the existing system of wind energy, informed NTDC spokesman.
He further explained that prior to this, such projects were funded by government-guaranteed loans. However, securing the loan in this manner has unlocked new channels of investments.
He expressed his hope on paving the way to secure further loans and funds for the upcoming transmission line projects.
The Jhimpir-II project has a worth of Rs10.75 billion, while financing required by the authority amounted to Rs6.4 billion.
For news and blogs, visit Graana.com.
Islamabad: The chairman of the Capital Development Authority (CDA) and Chief Commissioner Islamabad, Muhammad Ali…
Peshawar: The Khyber Pakhtunkhwa government is exploring plans to construct a 31-kilometre outer ring road…
Islamabad: The National Highway Authority (NHA) has spent more than half of its development budget…
Karachi: A high-level meeting chaired by Sindh Minister for Local Government Syed Nasir Hussain Shah…
Riyadh: Saudi Real Estate Co. (Al Akaria) has signed a long-term lease agreement with Amsa…
Rawalpindi: The divisional administration has begun acquiring land for the Rs5 billion Thalian Interchange, a…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
