Monday, October 13, 2008

Pakistan, Malaysia to construct 305 MW power project in Karachi: APP

SLAMABAD, Oct 13 (APP): Progas Pakistan and KUB Malaysia Berhad have won the bid to construct 305 MW Independent Power Project at Port Qasim, Karachi.

Present government had invited investors to establish power projects in Pakistan on a fast track basis, consisting of two packages - Package-A for IPP projects of 1000 MW and Package-B for Rental Power Projects.

According to Private Power and Infrastructure Board (PPIB) here Monday, out of the twelve (12) bids received, three bids of Progas Energy, Cavalier Energy and Ruba Energy Pakistan were approved for construction of three Independent Power Projects with total power generating capacity of 929.06 Megawatt and two bids of Karkey, Karadeniz Eledkrik Uretim A.S and Walters Power International were approved for renting of two power generators of 418.802 MW capacity.

For more on this article, please click on the following link: Pakistan, Malaysia to construct 305 MW power project in Karachi: APP

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