Lahore, March 24, 2023 (PPI-OT): The ratings take comfort from the fact that this project is a priority project under CPEC and has significant economic and strategic importance. Presence of a dedicated jetty at the plant site and the Coal Supply Agreement
Lahore, March 24, 2023 (PPI-OT): Halmore Power Generation Company Limited (the Company) is an independent power producer (IPP), operating a Combined Cycle gas turbine plant on a build-own operate (BOO), having gross capacity of 225MW located at Bhikki Sheikhupura. The plant achieved
Lahore, March 24, 2023 (PPI-OT): The rating reflects the adequate risk profile of the Fund’s credit and interest rate risk profile. At the end Dec’22, ~39.4%% of Funds assets were invested in TFC/Sukuk, ~25.7% of funds were exposed to T-Bills, ~16.9% in
Lahore, March 24, 2023 (PPI-OT): NBP Islamic Savings Fund (or the ‘Fund’) is a medium risk-profile fund. The assigned rating reflects the Fund’s moderate credit and interest rate risk profile emanating from its investment strategy. The Fund had invested ~84% in bank
Lahore, March 24, 2023 (PPI-OT):Saif Power Limited (Saif Power) has been established to set up and operate, combined cycle dual fuel, 225 MW net power generation plant, for generation of electricity and onward sale of electricity to the Power Purchaser (CPPA-G). The
Lahore, March 24, 2023 (PPI-OT): The ratings reflect the strong business profile of Kohinoor Energy Limited (Kohinoor Energy), emanating from the demand risk coverage under the Power Purchase Agreement signed between Power Purchaser and the Company. Meanwhile, the Implementation Agreement provides a
Lahore, March 21, 2023 (PPI-OT): Warble (Pvt.) Limited’s rating is underpinned by the consistent support it receives, owing to the synergistic benefits from the Group. The Company’s prudent decision‐making framework, in tandem with its healthy top line, is reflected in the entity’s