Mohmand Dam Consultancy agreement signed with Mohmand Dam Consultants Group
The Pakistan Water and Power Development Authority (WAPDA) signed the contract agreement worth Rs.9.98 billion with a Joint Venture namely Mohmand Dam Consultants Group (MDCG) for consultancy services for construction design, construction supervision and contract management of Mohmand Dam Hydropower Project. The Joint Venture, led by NESPAK, comprises six partners and seven sub-consultants (four foreign […]
PEDO given preferential treatment in EPAs
A senior member of the power division told the senate standing committee that PEDO is being given undue favours in the form of concessions in the signing of Energy Purchase Agreements (EPAs). He said that the federal government has signed “incomparable” (EPAs) of 71 MW of hydel electricity with Pakhtunkhwa Energy Development Organization (PEDO), giving […]
OGDCL discovers Oil and Gas in Sindh
The Oil and Gas Development Company Limited (OGDCL) has discovered gas and condensate oil from its exploratory-cum-appraisal well, Mangrio 1, in Nim Block located in district Tando Muhammad Khan, Sindh. The structure of Mangrio Well 1 was delineated drilled and tested using OGDCL’s in house expertise. The well was drilled down to the depth of […]
Korangi Creek Industrial Park facing power issues
Korangi Association of Trade & Industry President Danish Khan and Chairman KCIP Standing Committee KATI Shahid Ghoury have written a joint letter to the Prime Minister’s Advisor on Commerce, Textile, Industry and Production, Abdul Razak Dawood informing about the appalling situation at the Korangi Creek Industrial Park (KCIP). In the letter they have clearly stated […]
Google halts all business operations with Huawei
Tech giant Google has announced to halt all operations with the world’s second largest Smartphone manufacturer Huawei as part of Trump’s trade blacklist. In the 3rd week of May 2019, Trump administration had added Huawei in their trade blacklist and owing to that it will be extremely difficult for Huawei to do business with US […]
Huawei Technologies to invest heavily in Pakistan
President of Huawei Technologies, Asia and Middle East Region, Charles Yang has said that the company is going to make substantial increase in investment volume in Pakistan in coming five years. President of Asia and Middle East Region of Huawei Technologies Charles Yang was talking to Foreign Minister Shah Mehmood Qureshi. Speaking on the occasion, […]