Power Purchase Agreement approved for 1263.2 MW Trimmu Power plant

The Economic Coordination Committee (ECC) of the Cabinet has allowed Power Division for signing of the Power Purchase Agreement (PPA) and Reimbursement Agreement (RA) with SNGPL for supply of gas to 1263.2 MW RLNG-based power generation project in Punjab. The ECC meeting was presided over by Finance Minister Asad Umar. Previously the government on May […]

IGATEX 2019 held in Karachi

The 12th International Exhibition for Garments, Textile Machinery and Accessories was held in Karachi from 26th to 28th Feb 2019. IGATEX Pakistan is a pioneer exhibition being organized by the FAKT Exhibition since 2002. Every year it is held alternatively in Lahore and Karachi. More than 500 companies hailing from 37 different countries exhibited their […]

Loan agreement signed for Mardan–Swabi road

The Asian Development Bank (ADB) and the government of Pakistan have signed a loan agreement worth $75 million to widen and upgrade 42 kilometers of the busy Mardan–Swabi road in Khyber Pakhtunkhwa in Pakistan. The loan agreement was signed by Country Director ADB for Pakistan Xiaohong Yang and Secretary of the Economic Affairs Division Noor […]