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.
As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…
Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…
The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…
Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…
The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…
The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…
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.
