FRAMEWORK FINANCING AGREEMENTFramework Financing Agreement • July 20th, 2009
Contract Type FiledJuly 20th, 2009This Framework Financing Agreement (the “Agreement”), dated 3 November 2006 is made between the Islamic Republic of Pakistan (Pakistan) and the National Transmission Dispatch Company (NTDC) on the one part, and the Asian Development Bank (ADB) on the other part. Background Pakistan has requested the ADB to provide financial assistance for a power transmission enhancement program (the “Investment Program”) described in Schedule 1 hereto. The ADB’s financial support is to be extended through a multitranche financing facility (the “Facility”) to support the rehabilitation, augmentation and expansion of transmission substations, transmission lines of 220kv and above, installation of SVC equipment and any associated facilities related to the operations of the power transmission system (each of them a “Subproject”) and an investment program support component (the “Investment Program Support Component”), as described in Schedule 1 hereto. The design and monitoring framework for the Facility