KE signs US$ 50 mln loan agreement with Standard Chartered supported by GuarantCo for upgrading power infrastructure
Karachi, October 01, 2019: K-Electric has signed US$ 50 million loan agreements with Standard Chartered which is supported by GuarantCo to undertake upgradation of power infrastructure including the installation of theft-resistant Aerial Bundled Cable (ABC) as well as smart grid solutions. The financing documents were signed at KE head office by Moonis Alvi, CEO and Rizwan…