{"id":81301,"date":"2021-11-11T16:33:00","date_gmt":"2021-11-11T11:33:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=81301"},"modified":"2021-11-11T16:32:50","modified_gmt":"2021-11-11T11:32:50","slug":"qatar-investment-authority-rlng-plants","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/qatar-investment-authority-rlng-plants.html","title":{"rendered":"Qatar Investment Authority keen to invest in RLNG power plants"},"content":{"rendered":"\n

Islamabad: The Qatar Investment Authority (QIA) through its advisor JP Morgan<\/a> on Monday (November 08) showed their intent to invest in two Regasified Liquified Natural Gas (RLNG) power projects of Haveli Bahadur Shah and Balloki, news sources reported. In this regard, a high powered delegation met with the Federal Minister for Privatisation Mohammad Mian Soomro.  <\/p>\n\n\n\n

Read<\/strong>: Roadshow begins in Islamabad for privatisation of Pakistan Steel Mills<\/a><\/p>\n\n\n\n

As per the reports, the delegate discussed QIA\u2019s interest in the operations of National Power Parks Management Company (NPPMCL)-owned and operated power plants that run on the RLNG-based combined cycle H9 technology. The minister informed the delegates of the steps being taken by the government for the circular debt relief <\/a>and the involvement of local banks for the debt servicing. He also informed the delegate that the council of common interest (CCI) has approved the privatisation plan while the project will be sent to the Executive Committee of the National Economic Council (ECNEC) for the final approval and costing. In addition, the commission is working with the Punjab government on land use issues in order to make the project more appealing to investors. <\/p>\n\n\n\n

Read<\/strong>: Privatisation Commission auctions off Services International Hotel Lahore<\/a><\/p>\n\n\n\n

It is worth noting that the government has approved the commencement of the privatisation process for loss-making government enterprises<\/a>. For the privatisation of RLNG plants, the government received 12 pre-qualification offers from various private entities in April 2020. However, the looming COVID-19 crisis forced the government to put the project on the backburner. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Islamabad: The Qatar Investment Authority (QIA) through its advisor JP Morgan on Monday (November 08) showed their intent to invest in two Regasified Liquified Natural Gas (RLNG) power projects of Haveli Bahadur Shah and Balloki, news sources reported. In this regard, a high powered delegation met with the Federal Minister for Privatisation Mohammad Mian Soomro.  Read: Roadshow begins in Islamabad for privatisation of Pakistan Steel Mills As per the reports, the delegate discussed QIA\u2019s interest in the operations of National Power Parks Management Company (NPPMCL)-owned and operated power plants that run on the RLNG-based combined cycle H9 technology. The minister informed the delegates of the steps being taken by the government for the circular debt relief and the involvement of local banks for the debt servicing. He also informed the delegate that the council of common interest (CCI) has approved the privatisation plan while the project will be sent to the Executive Committee of the National Economic Council (ECNEC) for the final approval and costing. In addition, the commission is working with the Punjab government on land use issues in order to make the project more appealing to investors. Read: Privatisation Commission auctions off Services International Hotel Lahore It is…<\/p>\n","protected":false},"author":84,"featured_media":81311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[49409,49411,49410],"persona":[],"class_list":{"0":"post-81301","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-qatar-investment-authority-keen-to-invest-in-rlng-power-plants","9":"tag-qatar-investment-in-rlng-pakistan","10":"tag-rlng-plants-havelian","11":"cat-20385-id"},"acf":[],"yoast_head":"\nQatar Investment Authority to invest in RLNG power plants- Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Qatar Investment Authority (QIA) through its advisor JP Morgan on Monday (November 08) showed their intent to invest in two Regasified\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/qatar-investment-authority-rlng-plants.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qatar Investment Authority to invest in RLNG power plants- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Qatar Investment Authority (QIA) through its advisor JP Morgan on Monday (November 08) showed their intent to invest in two Regasified\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/qatar-investment-authority-rlng-plants.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News & Pakistan Property News & Latest Updates - 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