Stuck containers of Solar Panels FPCCI urged FBR to delay implementation of SRO 604
The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) have sent a letter to the secretary commerce and chairman FBR urging to delay the implementation of SRO 604 until the backlog of 500 containers is cleared. The said containers of solar panels have been stuck at port for over two months now causing financial […]
State bank introduces Islamic Financing Facility for Renewable Energy
The State Bank of Pakistan (SBP) has launched updated Islamic Financing Facility for Renewable Energy (IFRE) for power projects/installations using alternative/renewable energy sources including solar, wind, hydro, biogas, bio-fuels, baggasse cogeneration, and geothermal as fuel. The previously introduced Modaraba-based “Islamic Financing Facility for Renewable Energy” will now be updated and replaced by IFRE. The IFRE […]
Technical and Financial bids received for Diamer Bhasha dam
The Pakistan Water and Power Development Authority (WAPDA) have received bids for construction of Dam Part of the Project. Two Joint Ventures (JVs), comprising one foreign and one local firm each, submitted their technical and financial bids for the purpose. These JVs include China Gezhouba Group Company – GRC JV and Power Construction Corporation of […]
Pakistan Cables wins Best corporate report award 2018
‘Best Corporate and Sustainability Report 2018 Awards’ was organized by The Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountant of Pakistan (ICMAP) at a local hotel. Pakistan Cables Annual report 2017-18 wins the Merit award for the best corporate report of 2018. Waqas Mahmood, Senior Manager Finance at Pakistan […]