Tag: 100m

Green Pakistan to add 100m new plants

| | No Comments

Staff Report ISB: The government of Pakistan would launch "Green Pakistan Programme" in order to improve forestry and wildlife sectors in the country with management of wildlife and reclaiming and developing forest areas in aid of the provincial government as its main aspects. Preservation and management of forest and wildlife resources of the country need to be adequately developed in line with the best international practices, Prime Minister Nawaz Sharif said after approving…Read More

NetSol signs $100m worth multiple contract

| | No Comments

article image STAFF REPORT LHR: NetSol, a global business services and enterprise applications solution provider, has signed a new contract currently valued at more than $100 million which includes license, maintenance, services and expected customizations, with a long-standing customer. This contract, spanning a period of 5 years and maintenance and support for 10 years, will also include the implementation of NFS Ascent in a new market, South Africa, bringing the geographical footprint of the…Read More

EIB agrees to provide €100m for 128MW Pak hydro project

| | No Comments

article image STAFF REPORT ISB: The European Investment Bank (EIB) is providing a €100m long-term loan to Pakistan to finance the construction of the 128MW Keyal Khwar Hydropower project. KWF will also offer financial support for the project, a statement from the EIB said. EIB Vice President Magdalena Alvarez, during his recent visit to Pakistan, had signed an agreement with the government in this regard. He also invited to with future energy efficiency projects. Alvarez, who is in…Read More

Fertilizer sector to invest over $100m for gas fields

| | No Comments

article image STAFF REPORT LHR: In Pakistan fertilizer units getting gas from SNGPL have expressed intentions to invest $100 million for the development of dedicated lower BTU gas fields. This is aimed at improving the gas supply to fertilizer plants to improve capacity utilization of local plants instead of depending on costly imported urea.The fertilizer sector has been facing severe curtailment of gas since April 2010, one of the worst affected sectors, which has worsened the rural economy over the last…Read More