Finance minister unsatisfied with valuation of PSM assets

Finance Minister, Shaukat Tarin has voiced his concerns regarding the unfair valuation assets of Pakistan Steel Mill (PSM). He said this while chairing a meeting regarding the privatisation of PSM where valuation of the core assets of PSM was discussed. After discussions in the meeting, the following decisions were made: (i) Privatisation Commission shall undertake […]

Pakistan’s first Electric bike Launched

Pakistan’s first Electric Bike “Jolta electric” has been launched in the country by PM Imran Khan.  Different variants of the bikes have been introduced for different segments of the society. The bikes are being manufactured by Jolta Electric who claims that all components of the bikes including batteries as well as the motors driving the […]

Contract awarded for consultancy service of K-IV project

Pakistan Water and Power Development Authority (Wapda) has awarded the contract for the unified consultancy services regarding the construction of Greater Karachi Water Supply Scheme (K-IV) to a JV of Pakistani and Austrian companies. Rs 1.14 billion contract awarded to the JV of Pakistani and Austrian companies consists of design review, detailed engineering design for […]