Posts tagged as: firm

China firm in talks for $3bn wind farm in Pakistan

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 […]

China firm in talks for $3bn wind farm in Pakistan

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 […]

Rental power saga: Turkish firm refuses out of court settlement

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 […]

Rental power saga: Turkish firm refuses out of court settlement

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 […]

Ruling on rental power plants: Turkish firm takes dispute to international court

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 […]

Iraq venture: Chinese firm backs out; PPL to proceed alone

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 […]

UK firm acquires Oasis

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 […]

UK firm acquires Oasis

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 […]

Ghazi-Barotha project: CDA, Chinese firm join hands for water supply

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 […]

US appears firm on repairing ties with Pakistan

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

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