Tag: contract

Hubco signed contract with GE for 1,292MW plant

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article image STAFF REPORT KHI: Hubco (Hub Power Company) signed an agreement with GE (General Electronics) for provision of GE’s digital industrial solution to the 1,292MW Hubco power plant in Baluchistan. Khalid Mansoor, CEO Hubco said at the occasion, "Hubco is contented to work with GE; these solutions from GE are game changer for energy sector, once installed and implemented at the Hubco Power Plant these digital industrial solutions will increase the reliability of operations of Hubco…Read More

NetSol signs $100m worth multiple contract

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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

Zong signs internet broadband provisioning contract with HEC

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STAFF REPORT ISB: The Higher Education Commission (HEC) of Pakistan has signed the agreement with the leading telecommunication and ICT company Zong. The agreement has been done in order to mark the provisioning of wireless broadband services on laptops to students across the country which is Prime Minister’s Laptop Scheme Phase-II. The MoU was signed between the representatives of both the organizations. The HEC spokesman while commenting on the agreement said, "The basic purpose…Read More

Ufone, Huawei pen down Managed Services contract

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article image STAFF REPORT ISB: Ufone, a main telecom network operator in Pakistan has marked a managed services contract with worldwide telecom giant, Huawei, to build effective system for a superior client experience. Jafar Khalid, Chief Technical Officer Ufone said while commenting on the contract, "Huawei has managed upkeep of system for a long time now, keeping that in perspective, we should benefit from the merits of having an entrenched relationship and conservative evaluating -…Read More

Ufone, Huawei pen down Managed Services contract

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article image STAFF REPORT ISB: Ufone, a main telecom network operator in Pakistan has marked a managed services contract with worldwide telecom giant, Huawei, to build effective system for a superior client experience. Jafar Khalid, Chief Technical Officer Ufone said while commenting on the contract, "Huawei has managed upkeep of Ufone's system for a long time now, keeping that in perspective, we should benefit from the merits of having an entrenched relationship and conservative evaluating -…Read More

NADRA grabs software contract in Kenya

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article image STAFF REPORT ISB: National Database and Registration Authority (NADRA), foremost biometric agency of Pakistan has won e-passport software contract in Kenya. The project scope includes biometric data capturing, verification, and validation through the use of Automated Fingerprint Identification System (AFIS) technology and printing and personalization of e-passport booklets. The system will be developed by NADRA which has extensive experience in this regard. The projected cost of the…Read More

NADRA wins software contract in Kenya

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article image STAFF REPORT ISB: National Database and Registration Authority (NADRA), foremost biometric agency of Pakistan has won e-passport software contract in Kenya. The project scope includes biometric data capturing, verification, and validation through the use of Automated Fingerprint Identification System (AFIS) technology and printing and personalization of e-passport booklets. The system will be developed by NADRA which has extensive experience in this regard. The projected cost of the…Read More

NESPAK gets contract for Saudi dams

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STAFF REPORT LHR: Saudi Arabia’s Ministry of Water and Electricity has awarded a new contract for the supervision of 15 small dams’ project in Jezan, Najran and Aseer regions to Pakistan’s state-owned National Engineering Services Pakistan (NESPAK). According to details, the main purpose of these dams is to utilize water for drinking and irrigation purposes. The total construction cost of the dams under the supervision of Pakistani company is 482.4 million Saudi riyals. The…Read More

NCDEX launches cotton seed future contract

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STAFF REPORT ISB: Country’s second biggest commodity bourse, NCDEX, has announced the launch of cotton seed future contract which is now available for trading. "This contract is ideal for price risk management needs of the ginners, oil millers and stockists. We expect NCDEX cotton seed futures contract to add tremendous value to the existing cotton business stakeholders," said the exchange’s Managing Director and CEO Samir Shah. India produces about 10.6 million tons of…Read More

MoITT barred from giving contract to default firms

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MONITORING REPORT: Rising to the situation, the Standing Committee of Senate on IT has halted the ministry from awarding any contract to those telecom companies which are still unable to pay off their outstanding government dues.IT Secretary Farooq Awan informed the committee at a recently held meeting of the standing committee that the award of contract to telecom operators was the responsibility of PTA.He informed the committee that giving a contract to a government default firm was the…Read More