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France to provide two soft loans for energy projects

ISLAMABAD: France will provide two soft loans amounting to 165 million Euros to the government of Pakistan to finance energy sector projects such as Power Transmission Enhancement Investment Tranche-IV and Mangla power plant rehabilitation project. An agreement was signed on Thursday between French Agency for Development (AFD) Country Director Mr. Jacky Amprou, Ambassador of France Ms. Martine Dorance, and Secretary Economic Affairs Division Mr. Shahid Mahmood. Finance Minister Ishaq Dar also witnessed the signing…

France to provide credit facility for energy sector reforms

ISLAMABAD: Pakistan and France signed 100 million Euros credit facility agreement for the Sustainable Energy Sector Reform Program on Wednesday. Mr. Tariq Mahmood Pasha, Secretary Economic Affairs Division (EAD), Mr. René Consolo Chargé d’Affaire at Embassy of France, and Mr. Jacky Amprou, Country Director of the French Agency for Development (AFD) signed the agreement. Finance Minister Ishaq Dar congratulated EAD and AFD on the signing of the agreement and underscored the importance of reforms in the energy sector…