Pakistan to Debut Green Bonds Next Week
May 24, 2021
Pakistan is planning to issue its debut green bonds next week to raise $500 million. This bonds sale will potentially set the stage for Pakistan’s more similar instruments to finance its hydroelectric projects. The Water and Power Development Authority (WAPDA) will issue the green bonds and will constitute a 10-year note this month; as stated […]
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Electricity restored across Pakistan after major breakdown
January 10, 2021
After a massive power breakdown plunged the country into darkness late Saturday, electricity supply was restored in major parts of the country Sunday morning. Federal Minister for Energy Omar Ayub Khan said the power breakdown occurred due to a technical fault at the Guddu power plant which resulted in frequency falling from 50 to zero […]
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