# Dasu power project: ECC approves government guarantees for $140m loan - The Express Tribune

> Pakistan's Economic Coordination Committee approved sovereign guarantees so Wapda can arrange a $140 million loan from Credit Suisse for the 2,160 MW Dasu hydropower project. The World Bank will guarantee the remaining $210 million, and the government agreed a draft tripartite power purchase deal to meet a condition for a $400 million balance-of-payments loan.

- Date: 2017-04-28 · published 2017-04-28T12:00:00.000Z
- Category: macro · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/71802-dasu-power-project-ecc-approves-government-guarantees-for-140m-loan-the-express
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

This is a hydropower financing story with no direct link to feed or agricultural commodity supply, demand or prices.

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## Sources

- tribune.newspackstaging.com: https://tribune.newspackstaging.com/2017/04/29/dasu-power-project-ecc-approves-government-guarantees-140m-loan/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.