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                    [Title] => ADB to lend Napocor $500 M
                    [Summary] => The Asian Development Bank (ADB) is likely to lend only $500 million to the National Power Corp. (Napocor) for the period 2000 to 2004, Napocor officials said over the weekend.


In an interview, the officials said this $500-million loan is part of an estimated $600 million worth of power-related projects submitted by Napocor to the bank for approval for the said five-year period.


They said the proposed $500 million funding for ADB will include interest during construction of the projects.


                    [DatePublished] => 2001-01-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
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HABAGA-KIRAHON

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                    [ArticleID] => 96740
                    [Title] => ADB to lend Napocor $500 M
                    [Summary] => The Asian Development Bank (ADB) is likely to lend only $500 million to the National Power Corp. (Napocor) for the period 2000 to 2004, Napocor officials said over the weekend.


In an interview, the officials said this $500-million loan is part of an estimated $600 million worth of power-related projects submitted by Napocor to the bank for approval for the said five-year period.


They said the proposed $500 million funding for ADB will include interest during construction of the projects.


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abtest

ADB to lend Napocor $500 M

January 14, 2001 - 12:00am

The Asian Development Bank (ADB) is likely to lend only $500 million to the National Power Corp. (Napocor) for the period 2000 to 2004, Napocor officials said over the weekend. In an interview, the officials said...

Business