Examples of PPIB in a sentence
PPIB shall be responsible for all policy and regulatory aspects of the Borrower’s dealings with the private sector for the purposes of PSEDP and the Project, including in particular for: (i) evaluating and approving proposals submitted by the private sector for energy and related infrastructure development projects; and (ii) negotiating agreements with the private sector relating to such projects.
Provision of technical and other assistance for: (1) strengthening PPIB; and (2) formulating an operational framework for making, and making, the Fund fully operational as an autonomous, commercially-oriented financial institution, providing long term credit for energy and related infrastructure projects.
In carrying out its responsibilities, PPIB shall be assisted in any way necessary by all relevant departments and agencies of the Borrower, including WAPDA, PSO, SBP and NDFC.
PPIB shall also be assisted by consultants appointed under the Project, inter alia, in outlining PPIB’s structure, staff profile and financial and performance framework.
The Borrower shall ensure that the proceeds of the intermediation spread charged on Sub-loans will be utilized as follows: (a) 25 basis points to be made available to PPIB to cover the cost of its services under the Project; and (b) the remainder to be retained by the Fund for purposes of its future lending operations.