{"id":14806,"date":"2023-02-01T01:05:55","date_gmt":"2023-02-01T01:05:55","guid":{"rendered":"https:\/\/riaabarkergillette.com\/pk\/?p=14806"},"modified":"2025-04-14T09:31:16","modified_gmt":"2025-04-14T09:31:16","slug":"working-capital-financing-for-punjab-thermal-power","status":"publish","type":"post","link":"https:\/\/riaabarkergillette.com\/pk\/news-story\/working-capital-financing-for-punjab-thermal-power\/","title":{"rendered":"Working capital financing for Punjab Thermal Power"},"content":{"rendered":"\n

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).<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

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<\/strong> payments to the gas supplier.
 
For more information on power projects, contact Managing Partner Bilal Shaukat<\/a>.<\/strong><\/p>\n\n\n\n

For further details, read the following article<\/a>.<\/p>\n\n\n\n

\n

This article is not legal advice; it provides information of general interest about current legal issues.<\/em><\/p>\n\n\n\n

\n\n\n\n

RIAA Barker Gillette is Pakistan\u2019s 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. <\/p>\n\n\n\n

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.<\/p>\n\n\n\n

\"Lex<\/figure>\n\n\n\n

RIAA Barker Gillette is the exclusive member firm in Pakistan for Lex Mundi<\/a>, the world\u2019s leading network of independent law firms with in-depth experience in over 125 countries worldwide.  <\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

Punjab Thermal Power (Private) Limited, which is wholly owned by the Government of Punjab<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[9],"tags":[18,44],"class_list":["post-14806","post","type-post","status-publish","format-standard","hentry","category-news-story","tag-banking-and-finance","tag-projects-and-project-finance"],"acf":[],"yoast_head":"\nWorking capital financing for Punjab Thermal Power - RIAA BG PK<\/title>\n<meta name=\"description\" content=\"Advising a syndicate of banks on the provision of funded working capital financing facilities to Punjab Thermal (approximately PKR 5b total).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/riaabarkergillette.com\/pk\/news-story\/working-capital-financing-for-punjab-thermal-power\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Working capital financing for Punjab Thermal Power - 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