Mr. Shah Jahan Mirza, Managing Director Private Power and Infrastructure Board (PPIB) had a very good discussion with RELP team on IRENA forum. RELP is developing credit enhancement guarantee mechanism with support of World Bank, ADB and other MDBs/IFIs. This will help Pakistan in reducing cost of financing and enhancing lenders and investor confidence in EPA payments structure. Once finalized It will be an effective product for achieving challenging targets of inducting large quantum of RE in Energy Mix.
