Over 100 Russian companies keen to invest in Pakistan

Over 100 Russian companies keen to invest in Pakistan
KARACHI: Over 100 Russian companies are interested to invest in pharmaceutical, machines manufacturing, construction and other sectors in Pakistan and the Sindh Board of Investment (SBI), should guide and cooperate in this regard. This was stated by a delegation comprising officials of the Trade Commission of Russian Consulate in Karachi led by Alexy Kudrayavtsey while talking to Chairperson SBI, Ms.... Read More

Ground breaking of 2160 MW Dasu Hydel Power project to be held in June

Ground breaking of 2160 MW Dasu Hydel Power project to be held in June
Dasu Hydel Power Project News ISLAMABAD:  Prime Minister Nawaz Sharif was told on Wednesday that ground-breaking of 2160 MW Dasu Hydel Power Project would be performed in June this year and Neelum-Jhelum would become operational in February next year. Chairman Water and Power Development Authority (WAPDA) Muzammil Hussain called on the Prime Minister and briefed him about different water and... Read More

POL prices hike by Rs1 a litre

POL prices hike by Rs1 a litre
Petrol Diesel Price News ISLAMABAD: The government has revised prices of petroleum products for the next fortnight.  Briefing newsmen in Islamabad on Wednesday night, Finance Minister Ishaq Dar said the prices of Petrol and High Speed Diesel have been increased by one rupee per liter each. He said the prices of Light Diesel Oil and Kerosene Oil will remain unchanged.... Read More

Pakistan seeks France cooperation in advanced surgical technology

Pakistan seeks France cooperation in advanced surgical technology
Pakistan Medical Facilities News ISLAMABAD: Pakistan has sought French cooperation in advanced surgical technology or improving general medical facilities in the country.  Talking to President of Institute for Research on Cancers, Prof Jacques Marescaux, Pakistan’s Ambassador in France, Moin ul Haque said Islamabad is interested in learning and adopting advanced techniques in the field of surgery. The envoy visited various... Read More

Chinese groups keen to set up industrial parks in Pakistan

Chinese groups keen to set up industrial parks in Pakistan
Industrial Park News ISLAMABAD: Chinese investors are keen to set up industrial park and power generation plants in Pakistan.  This was stated by Chairman, International Green Economy Association of China, Deng Jihai while addressing a gathering of business community. He said his Association has already brought 3 delegations to Pakistan to study its market and explore opportunities for investment. In... Read More

ECC approves issuance of sovereign guarantees

ECC approves issuance of sovereign guarantees
Pakistan Power Sector News ISLAMABAD: Economic Coordination Committee of the Cabinet (ECC) has approved a proposal of Ministry of Water and Power for issuing Sovereign Guarantee in respect of syndicated term finance facility for the Pakistan Power Sector.  The approval was given at a meeting of the Committee chaired by Finance Minister Ishaq Dar in Islamabad. Earlier, Secretary Water and... Read More

Punjab govt to provide Rs500 million subsidy on Potassium fertilizers

Punjab govt to provide Rs500 million subsidy on Potassium fertilizers
Potassium Fertilizers News LAHORE: Punjab government has announced to provide subsidy worth Rs500 million on potassium fertilizers to facilitate farmers.  The provincial government will provide eight hundred rupees per bag subsidy on on Potassium Sulfate and five hundred rupees per bag on Muriate of Potassium. The farmers will receive amount from any shopkeeper after showing code provided on the bags. Read More

Turkish firm to set up 200MW solar plant in Bahawalpur

Turkish firm to set up 200MW solar plant in Bahawalpur
Bahawalpur Solar Plant News LAHORE: Punjab government and Turkish company Zorlu Enerji Holding have entered into an agreement to set up 200-megawatt solar power plant in Bahawalpur.  The Turkish Company will install the solar power plant at the Quid-e-Azam Solar Park. Speaking on the occasion, Chief Minister Shahbaz Sharif  said that the provincial government will provide all possible facilities to the Turkish... Read More

Qatar Petroleum to set up Pakistan’s biggest FSRU

Qatar Petroleum to set up Pakistan’s biggest FSRU
LNG News ISLAMABAD: Foreign investor’s consortium, led by Qatar Petroleum will set up Pakistan’s biggest Floating Storage and Regasification Unit (FSRU) with 750 million cubic feet per day capacity to regasify liquefied natural gas (LNG) by next year.  In a statement, the Qatar Petroleum said that the consortium will develop a project that also includes a jetty and a pipeline... Read More

12 energy projects to be completed by 2018 under CPEC

12 energy projects to be completed by 2018 under CPEC
Energy Generation Projects  News ISLAMABAD: Twelve early harvest energy generation projects  will be completed by the end of next year under China Pakistan Economic Corridor.  Official sources say these energy generation projects will produce over 5000 MW of electricity and help overcome  demand supply gap in the country. These projects include Sahiwal coal fired project, Port Qasim power plant and... Read More

President inaugurates 118MW Fauji Fertilizer power plant

President inaugurates 118MW Fauji Fertilizer power plant
Fauji Fertilizer Power Plant Inauguration News KARACHI: President Mamnoon Hussain inaugurated the Fauji Fertilizer Power Plant with a generation capacity of 118 megawatts at Port Qasim here on Monday.  Addressing a ceremony to mark the occasion, he said the coal-powered plant at Bin Qasim is an important addition to the public-private initiative against energy deficit and will help country overcome... Read More
error: Content is protected !!