Out of court deal on the table for Patrind hydropower project

The dispute between Star Power and NTDC regarding the 147 MW Patrind hydropower project is likely to be settled by an out of court deal between the two parties. According to sources the Attorney General Office held a meeting with Hae Dong Choi, Chief Executive Officer (CEO) of the Company and persuaded him to halt […]

Increasing trend of local Mobiles manufacturing

The Pakistan Telecommunication Authority (PTA) data has revealed that the local manufacturing trend reflects a positive uptake on the PTA’s Mobile Device Manufacturing (MDM) Authorization regulatory regime. As per the PTA data, 52 percent mobile devices are smartphones and 48 percent 2G on Pakistan network. A significant increase of around 3.25 million has been observed […]

Scope of Karachi Bulk Water Supply Scheme K-IV reduced to 260 MGD

During a recent meeting of Central Development Working Party (CDWP) the project “Greater Karachi Bulk Water Supply Scheme K-IV 650 MGD (1st Revised)” came under consideration The project was presented by the Ministry of Water Resources at a cost of Rs 191.1945 billion. During the meeting of CDWP which met with Deputy Chairman Planning Commission […]