Qatar Investment Authority Keen to Invest in RLNG Power Plants
Islamabad: According to press reports, the Qatar Investment Authority (QIA), through its advisor JP Morgan, intends to invest in the Regasified Liquefied Natural Gas (RLNG) power projects of Haveli Bahadur Shah and Balloki. In this context, a powerful team met with Mohammad Mian Soomro, the Federal Minister for Privatization.
According to the sources, the delegate mentioned QIA’s interest in the operation of National Power Parks Management Company (NPPMCL)-owned and -operated power plants that utilize RLNG-based combined cycle H9 technology. The minister told the delegates of the government’s plans for circular debt reduction and the participation of local banks in debt servicing.
In addition, he informed the delegate that the council of common interest (CCI) had accepted the privatization plan and that the project would be forwarded to the Executive Committee of the National Economic Council (ECNEC) for final approval and costing. In addition, the commission collaborates with the Punjab government on land use matters to make the project more attractive to investors.
Read: Why Multi Gardens B17 Islamabad is a Safe Investment in 2022?
Notable is the fact that the government has authorized the privatization of loss-making public firms. In April 2020, the government received 12 prequalification offers from diverse private firms for the privatization of RLNG projects. However, the impending COVID-19 issue caused the administration to shelve the project.
For more updates, stay tuned to Al Sadat Marketing News!
You can also invest in other famous and most in demand housing societies, such as , Blue World City, Rudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom Valley, New Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.
Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/
Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart City, Silver City Islamabad, The Life Residencia, Faisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.
Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.
Book Your Plot Now: +92 331 111 0005
