ISLAMABAD: Chinese oil and gas company United Energy Group Ltd said on Wednesday it plans to invest billion in a wind farm project in energy-starved Pakistan and is in talks to buy equipment from mainland suppliers. A private news channel reported. It did not disclose the targeted total capacity for the project or provide a […]
May 31 2012 | Posted in
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ISLAMABAD: Chinese oil and gas company United Energy Group Ltd said on Wednesday it plans to invest billion in a wind farm project in energy-starved Pakistan and is in talks to buy equipment from mainland suppliers. A private news channel reported. It did not disclose the targeted total capacity for the project or provide a […]
May 31 2012 | Posted in
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ISLAMABAD: Following advice of its government, Turkish rental power firm Karkey has refused to hold talks with Ministry of Water and Power to reach an ‘out of court settlement’ on rental power plant project until the restraining order issued by Supreme Court in respect of the two power ships is removed. Port Qasim Authority on April […]
May 31 2012 | Posted in
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ISLAMABAD: Following advice of its government, Turkish rental power firm Karkey has refused to hold talks with Ministry of Water and Power to reach an ‘out of court settlement’ on rental power plant project until the restraining order issued by Supreme Court in respect of the two power ships is removed. Port Qasim Authority on April […]
May 31 2012 | Posted in
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ISLAMABAD: Rejecting the Supreme Court’s ruling on rental power plants (RPPs), Turkey-based power firm Karkey Karadeniz Elektrik Uretim (KKEU) has instead moved the International Court of Arbitration – seeking compensation from the Government of Pakistan for losses that it says have arisen out of the latter’s alleged breach of contract. The company has sent a […]
May 27 2012 | Posted in
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ISLAMABAD: Chinese firm Zhenhua has decided not to partner with Pakistan Petroleum Limited and invest in Iraq due to security issues, The Express Tribune has learnt. Despite the development, the petroleum ministry is still going to seeking approval from the Economic Coordination Committee (ECC) of the Cabinet today (Tuesday) to proceed with the project. The […]
May 15 2012 | Posted in
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ISLAMABAD, April 30: Kantar a subsidiary of British Global Company (WPP) has acquired majority shares of Pakistani leading market research company, Oasis Insights. “The investment in Pakistan is a continuation of WPP’s strategy of developing its services in ‘fast-growing’ markets and sectors, and it will strengthen relationship with Oasis Insights,” said Thomas Puliyel, President of […]
May 1 2012 | Posted in
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ISLAMABAD, April 30: Kantar a subsidiary of British Global Company (WPP) has acquired majority shares of Pakistani leading market research company, Oasis Insights. “The investment in Pakistan is a continuation of WPP’s strategy of developing its services in ‘fast-growing’ markets and sectors, and it will strengthen relationship with Oasis Insights,” said Thomas Puliyel, President of […]
May 1 2012 | Posted in
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ISLAMABAD: To cope with increasing water shortage in the city, the Capital Development Authority (CDA) has planned a technical study and execution of water supply from the Ghazi-Barotha hydropower project. An agreement between CDA and a Chinese state-owned company was signed in Beijing on Thursday for this purpose. The project aims to get around 200 […]
Apr 27 2012 | Posted in
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Although the world's sceptical eye is once again turning to Pakistan in the aftermath of Sunday's attacks in Afghanistan, Washington appears to be firm on repairing ties with Islamabad as … Islamabad News Sources -2
Apr 17 2012 | Posted in
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