LAHORE, Jan 16: Wapda has secured a fresh short-term finance facility of Rs400 million from Bank Alfalah Ltd for one year at an interest rate of 11 per cent per annum, to meet its working capital requirements.

An agreement in this regard was signed by Wapda General Manager Finance (Power) Muhammad Amjad and Bank Alfalah Ltd executive incharge Pervez Shahid on behalf of their organizations.