The Government of Sindh has signed a contract agreement with Enertech Water Private Limited and Meezan bank-led consortium to develop 45 cusec capacity water supply infrastructure from Nabisar to Vajihar in Thal, Sindh.
The consortium will be responsible for the design, build and operation of the water supply as well as a 65 km long pipeline and two large water reservoirs. The estimated investment value for the project is PKR25.50 billion (US$144.46 million).
The consortium is formed by Enertech Water Private Limited, Meezan Bank, National Bank of Pakistan, MCB Bank Limited, Faysal Bank Limited, The Bank of Punjab, Bank Islami Limited and Pak China Investment Company Limited. Habib Bank Limited, United Bank Limited, Meezan Bank Limited, Bank Alfalah Limited and Pak Kuwait Investment Company (Private) Limited provided services as Lead Advisors & Arrangers for the transaction.
Country updates
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August 11, 2021
Pakistan withdraws PPP procurement for Rawalpindi ring road
The Government of Punjab in Pakistan has decided to abandon the public-private partnership (PPP) procurement model for the development of the Rawalpindi ring road. The project will be implemented usin...
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December 16, 2020
ADB to Support Health Care PPPs In Pakistan
The Asian Development Bank (ADB) and the Government of Punjab have signed a Memorandum of Understanding (MOU) to jointly promote public-private partnership (PPP) projects in Punjab’s health...
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October 01, 2020
Works on Karachi Circular Railway PPP to start soon
The Federal Minister for Planning, Development and Special Initiatives in Pakistan along with PPP Authority and Pakistan Railways has stated that works on Karachi Circular Railway will start...
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September 29, 2020
Rashakai SEZ development agreement signed
The government of Pakistan has signed a development agreement for a 1,000-acre Rashakai special economic zone (SEZ) in Khyber Pakhtunkhwa. The area will be developed in three phases. The project...
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September 15, 2020
Pakistan approves Rawalpindi ring road PPP
The government of Punjab in Pakistan has approved the Rawalpindi Ring Road project to be awarded under the Public-Private Partnership (PPP) procurement. The estimated investment value for the pro...
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