Company in pakistan

  • Pakistan keeps mum on $800m owed by UAE's Etisalat

    PAKISTAN, 2016/07/14 he $800 million in arrears from the privatisation of Pakistan Telecommunication Limited are not mentioned in 2016-17 budget books, suggesting the government may have foregone the deficit in favour of the Dubai-based buyer. The explanatory memorandum on the federal receipts book for the next fiscal 2016-17 is silent on the outstanding proceeds owed by Etisalat to Pakistan for buying 26% stakes in PTCL for several years presently.
  • Nordex milestone in Pakistan

    GERMANY, 2013/01/11 The 50MW Jhimpir wind park, which consists of 33 1.5MW Nordex turbines, is 100km northeast of Karachi. The project was bankrolled by fertiliser group Fauji, a subsidiary of the Fauji Foundation industrial conglomerate. Nordex has signed supply deals for five additional wind farms in Pakistan, each comprising 20 of its N100/2500 turbines. Fauji, Gul Ahmed Energy, Metro Power and Yunus Energy are the customers for those projects.