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ECC approves issuance of $500mln Eurobonds for dams
Business
December 25, 2020
ISLAMABAD: Economic Coordination Committee (ECC) of the cabinet on Thursday approved issuance of $500 million Eurobonds to finance construction of Diamer Basha and Mohmand dams and Karachi transformation plan.
Ministry of water resources presented a summary for issuance of the Water and Power Development Authority’s (Wapda) debut $500 million Eurobonds to arrange finances for Diamer Basha and Mohmand dams. Diamer-Basha dam is estimated to cost Rs442 billion, while Mohamand dam has an estimated cost of Rs310 billion. Construction contracts have already been awarded to two separate consortiums of Chinese and Pakistani firms. ....

North West Frontier , Diamer Basha , Hafeez Sheikh , Sui Northern Gas Pipelines , Power Development Authority Wapda , Pakistan Credit Guarantee Company , Government Holdings Pvt Limited , Higher Education Commission , World Bank , Economic Coordination Committee , Power Development Authority , State Bank , Karachi Transformation Plan , Karachi Transformation , Revenue Hafeez Sheikh , Northern Gas Pipelines Limited , Chitral Town , Government Holdings , Inter State Gas Systems , Auditor General , வடக்கு மேற்கு எல்லை , ஹபீஸ் ஷேக் , ஸூயீ வடக்கு வாயு குழாய்வழிகள் , பாக்கிஸ்தான் கடன் உத்தரவாதம் நிறுவனம் , அரசு ஹோல்டிங்ஸ் பிரைவேட் வரையறுக்கப்பட்டவை , அதிக கல்வி தரகு ,