CONSORTIUM LEAD FOR SOLICITING PROJECT FINANCING FOR APPROX. USD 18M
Financial Year : 2002 - 2003
Client: OMV
Type: Strategy, Operations
Description: Managed a USD 18 million consortium for financing the Sawan Qadir pipeline. Represented the joint venture partners for arranging financing from all the top non development financial institutions and also commercial banks throughout Pakistan. Was able to negotiate the term sheet on behalf of the joint venture partners.
FEASIBILITY STUDY OF USD 23M SAWN’ QADIRPUR PIPELINE PROJECT
Financial Year : 2002 - 2003
Client: OMV
Type: Strategy, Operations
Description: This is a US $ 25 million project and is being financed by the Joint Venture (JV) partners of the Sawan gas field. The financial viability of financing the project was analyzed keeping in mind the General Sales Agreement (GSA), signed between the JV partners and Sui Northern Gas Pipelines Ltd. (SNGPL). This also included a detailed study, of the various financing options, the due diligence of the project, the prevailing market interest rates, security, and from SNGPL point of view, ways to hedge the foreign currency component of the financing from potential exchange losses.
PREPARATION OF LOAN AGREEMENTS FOR SAWAN – QADIRPUR PIPELINE
Financial Year : 2002 - 2003
Client: OMV
Type: Strategy, Operations
Description: Never before the JV has partners financed any pipeline infrastructure project in the country. Therefore this unprecedented arrangement needed number of brain storming sessions and structuring, while drafting the loan agreements, especially from the prudential regulations, foreign exchange regulations and collaterals point of view. The loan agreements prepared and agreed upon, included:
ACCOUNTS PAYABLE OUTSOURCING
Financial Year : 2002 - 2005
Client: Millicom (Instaphone)
Type: Operations, Technologies, Outsourcing
Description: Millicom Subsidiary Instaphone outsourced the maintenance of accounts payable ledgers in SUNAccounts. The project included processing quarter of a million transactions in a year and disbursing USD 11 million within the same period. Another feature of the project was to process refunds and commissions of the retail outlets thorough out Pakistan. In addition we were also responsible for reconciling 13 bank accounts and accounts of almost 5,000- vendors.
ACCOUNTS PAYABLE OUTSOURCING.
Financial Year : 2002 - 2005
Client: Millicom (Paktel)
Type: Operations, Technologies, Outsourcing
Description: Millicom Subsidiary Paktel outsourced the maintenance of accounts payable ledgers in SUNAccounts. The project included processing quarter of a million transactions in a year and disbursing USD 11 million within the same period. Another feature of the project was to process refunds and commissions of the retail outlets thorough out Pakistan. In addition we were also responsible for reconciling 20 bank accounts and accounts of almost 5,000- vendors.
IMPLEMENTATION OF GRANT MANAGEMENT SYSTEM
Financial Year : 2005 - 2006
Client: Community Development Organization
Type: Operations, Technologies
Description: Development of grant management system to manage grant funds for the donor. The assignment included implementation of SAGE Accounting together with customization of the general ledger to record and report costs for themes that are funded by the donor.