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 advise a syndicate of banks, including Meezan Bank Limited, on providing 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.
For more information on power projects, contact Managing Partner Bilal Shaukat.
For further details, read the following article.
This article is not legal advice; it provides information of general interest about current legal issues.
RIAA Barker Gillette is Pakistan’s premier law firm, with an on-the-ground presence in four major cities in Pakistan: Karachi, Islamabad, Lahore, and Peshawar, and affiliated offices in Dubai (DIFC) and London.
The firm practices in all areas of corporate, commercial and dispute resolution law. Leading international legal directories consistently recognize the firm as a top-tier law firm in Pakistan.
RIAA Barker Gillette is the exclusive member firm in Pakistan for Lex Mundi, the world’s leading network of independent law firms with in-depth experience in over 125 countries worldwide.
