KARACHI: National Bank of Pakistan (NBP) has been recognized with the “Sustainable Infrastructure Initiative of the Year – Pakistan” award at the Asian Banking & Finance (ABF) Corporate & Investment Banking Awards 2026, for the Bank’s role in structuring and arranging a Rs 850 million syndicated project finance facility to support the deployment of solar energy systems at cellular tower sites.
Presented in Singapore, the award recognizes outstanding performance, innovation and excellence in corporate and investment banking across Asia. NBP was recognized for its advisory, structuring and financing support for Infraelectric (Pvt.) Limited (IFPL), a renewable energy solutions provider.
Under the transaction, NBP advised, structured and arranged the Rs 850 million Islamic financing facility for IFPL to support a clean energy and decarbonization initiative involving the installation of solar photovoltaic systems at cellular tower sites. The initiative is aimed at enabling cleaner and more energy-efficient telecommunications infrastructure while supporting the transition towards renewable energy.
Commenting on the recognition, Usman Shahid, SEVP & Group Chief, Corporate & Investment Banking Group, NBP, said, “This recognition by Asian Banking & Finance reflects NBP’s growing role in enabling sustainable infrastructure and mobilizing capital towards projects that create both economic and environmental value. We remain committed to working with our clients and partners to develop financing solutions that contribute to a more sustainable and resilient Pakistan.”
Copyright Business Recorder, 2026