SIFC Picks Out 9 Power Projects Worth Over $6.8 Billion For Foreign Investors

The Special Investment Facilitation Council (SIFC) has picked out nine power projects worth $6.87 billion for prospectus investors on a government-to-government (G2G) basis. Most projects identified by SIFC require feasibility studies which will be conducted by sponsors. Meanwhile, other studies such as load flow analysis, route alignment, Reactive Power Optimization Plan, and required amendments in Transmission Line policy to include Ancillary Services are currently underway. The projects are: For the Diamer Bhasha Dam Project, the Water and Power Development Authority (WAPDA) has hired a consultant to explore equity: debt participation options and relevant transaction structure for foreign investors. Advisor WAPDA Khalid Mirza will soon brief the SIFC apex committee pertaining to the financing of the project.