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The document said in order to achieve the above mentioned goal, a new business model has been drafted on the lines of corporate financing and so as to do away with the conventional method of public sector financing. — AFP/File PESHAWAR: The Khyber Pakhtunkhwa government has approved a new financial model for the Pakhtunkhwa Hydel Development Organisation (Pedo) allowing the public sector entity to engage private lenders to finance its future projects instead of relying on government funding. An official familiar with the matter told Dawn that the Pedo Policy Board approved the new financia...

The document said in order to achieve the above mentioned goal, a new business model has been drafted on the lines of corporate financing and so as to do away with the conventional method of public sector financing. — AFP/File PESHAWAR: The Khyber Pakhtunkhwa government has approved a new financial model for the Pakhtunkhwa Hydel Development Organisation (Pedo) allowing the public sector entity to engage private lenders to finance its future projects instead of relying on government funding. An official familiar with the matter told Dawn that the Pedo Policy Board approved the new financia...