Sinohydro allowed participation in tenders
M/s Sinohydro the Chinese company involved in the 128 MW Keyal Khwar Hydro Power Project fiasco has been allowed by Water and Power Development Authority (Wapda) to participate in further tenders. The 128 MW Keyal Khwar Hydro Power Project had been awarded to M/s Sinohydro – Hajvairy JV in 2014 but the companies failed to […]
Progress of Bin Qasim Power Station 3 reviewed
The progress of Bin Qasim Power Station 3 (BQPS-III) was reviewed by Minister for Industries and Production Makhdum Khusro Bakhtyar. Senior management of KE was present at Bin Qasim Power Complex for the project review. The 900MW plant is being established at an estimated cost of around USD 650 million. The minister was informed that […]
Use of PPPA mode suggested for financing of development projects
Minister for Planning, Development and Special Initiatives Asad Umar has suggested the utilisation of P3A (Public Private Partnership Authority) for the financing of development projects in the country. This suggestion was given at a meeting of Federal Cabinet, presided over by Prime Minister Imran Khan. While describing the history of P3A he said that since […]
A new petroleum resource discovered in Sindh
petroleum resource discovered in Sindh Another resource of Petroleum products has been discovered in the province of Sindh under the exploratory activities of Pakistan Petroleum Limited (PPL). The exploratory well has been discovered in the area of Jugan-1, in the Latif Block. The discovery is the result of an aggressive exploration strategy adopted by the […]