AIRLINK 159.50 Decreased By ▼ -4.88 (-2.97%)
BOP 10.51 Decreased By ▼ -0.06 (-0.57%)
CNERGY 8.34 Decreased By ▼ -0.06 (-0.71%)
CPHL 88.25 Decreased By ▼ -1.71 (-1.9%)
FCCL 46.85 Decreased By ▼ -0.09 (-0.19%)
FFL 14.92 Decreased By ▼ -0.32 (-2.1%)
FLYNG 25.99 Decreased By ▼ -0.34 (-1.29%)
HUBC 135.79 Decreased By ▼ -0.58 (-0.43%)
HUMNL 12.60 Decreased By ▼ -0.41 (-3.15%)
KEL 4.18 Decreased By ▼ -0.10 (-2.34%)
KOSM 5.35 Decreased By ▼ -0.26 (-4.63%)
MLCF 60.55 Decreased By ▼ -0.24 (-0.39%)
OGDC 211.45 Decreased By ▼ -3.44 (-1.6%)
PACE 5.38 Decreased By ▼ -0.16 (-2.89%)
PAEL 41.01 Decreased By ▼ -0.99 (-2.36%)
PIAHCLA 18.93 Increased By ▲ 1.19 (6.71%)
PIBTL 10.04 Decreased By ▼ -0.19 (-1.86%)
POWER 11.81 Decreased By ▼ -0.09 (-0.76%)
PPL 170.35 Decreased By ▼ -3.87 (-2.22%)
PRL 35.08 Decreased By ▼ -0.46 (-1.29%)
PTC 23.69 Increased By ▲ 0.75 (3.27%)
SEARL 93.17 Decreased By ▼ -1.87 (-1.97%)
SSGC 36.12 Decreased By ▼ -0.49 (-1.34%)
SYM 13.79 Decreased By ▼ -0.14 (-1.01%)
TELE 7.06 Decreased By ▼ -0.18 (-2.49%)
TPLP 10.00 Decreased By ▼ -0.27 (-2.63%)
TRG 60.90 Decreased By ▼ -0.63 (-1.02%)
WAVESAPP 10.20 Decreased By ▼ -0.12 (-1.16%)
WTL 1.30 Decreased By ▼ -0.02 (-1.52%)
YOUW 3.65 Decreased By ▼ -0.04 (-1.08%)
BR100 12,298 Decreased By -95.7 (-0.77%)
BR30 36,736 Decreased By -371.8 (-1%)
KSE100 114,609 Decreased By -923.1 (-0.8%)
KSE30 35,400 Decreased By -262 (-0.73%)

Over the past many years, we have trusted Standard Chartered’s expertise in arranging various ECA/DFI backed long-term offshore financing solutions. These arrangements have played a pivotal role in enhancing K-Electric’s ability to revamp its generation, transmission, and distribution networks.

The last facility, totaling approximately USD 415 million, stands as one of the largest offshore loans to a private-sector entity in Pakistan. It played an instrumental role in ensuring timely completion of our flagship 900 MW Power Plant This has undoubtedly facilitated us to continue meeting the ever-increasing electricity demand in Karachi, serving over 3.5 million customers. At K-Electric, we deeply value our collaboration with SCB and look forward to many more promising years together.

Copyright Business Recorder, 2024

Comments

Comments are closed.