Deal of the Year 2012 Award by Project Finance Magazine (Euromoney)

  • FWEL-I & II are first 100% Shariah Compliant wind energy projects of Pakistan and the financing is arranged through Islamic  Development  Bank  (under Ijarah Finance) and  Local  Consortium  led by  National Bank of Pakistan (under Musharaka Finance). In 2012, Islamic Finance News declared these projects as “Transaction of the Year”.
  • Covering Wind Risks under the Agreement.
  • The Projects have successfully completed 3 Years of Operations and Maintenance since Commercial Operations Date (COD) without any Major Issues and Business Interruption.
  • FWEL is moving towards ISO 9001:2015 Quality Management Certification