Pakistan hydro program seeks financing adviser

The government of Pakistan invites expressions of interest from consultants to serve as resident adviser to a financing cell being established to support construction of several large hydroelectric projects. Responses are due June 15, 2009.

Pakistan recruited consultants for the program in April to perform planning studies in the fields of water and hydropower development and to undertake a strategic assessment of the Indus River System Authority. (HydroWorld 4/2/09) The government obtained a US$38 million loan from the World Bank’s International Development Association for the water sector program being coordinated by the Ministry of Water and Power.

In the current solicitation, Pakistan’s Infrastructure Project Development Facility (IPDF) seeks a resident adviser to head a Multi-purpose Water Reservoir Financing Cell to focus on structuring and financing of multi-purpose reservoirs and run-of-river power projects through participation of the private sector.

IPDF seeks candidates with a minimum of 10 years’ experience in project finance and investment banking as well as infrastructure development of energy sector projects, preferably in the hydroelectric sector.

A draft Background and Scope of Work document may be obtained electronically from the address below. Expressions of interest are due by June 15.

For information, contact Chief Executive Officer, Infrastructure Project Development Facility, No. 2, Street No. 59, Sector F-7/4, Islamabad, Pakistan; (92) 51-2270771; Fax: (92) 51-9205926; E-mail: adil.anwar@ipdf.gov.pk; Internet: www.ipdf.gov.pk.

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