RIAA Barker Gillette has advised a syndicate of banks on providing Punjab Thermal with funded working capital financing facilities (approximately PKR 5 billion in total).
Punjab Thermal Power (Private) Limited, which the Government of Punjab wholly owns, is developing a 1,263 MW combined cycle RLNG-fired power plant in Jhang, Punjab.
We are advising a syndicate of banks, including Meezan Bank Limited, on the provision of funded working capital financing facilities to Punjab Thermal Power (for a cumulative amount of approximately PKR 5 billion) to enable payments to the gas supplier.
Our team for this matter consists of Pakistan Partner Adil Tirmizey and Associate Partner Rida A. Bhatti.
For further details, read the following article.
