Tag: eyeing

Blacklisted Chinese firm eyeing wind power sector

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article image STAFF REPORT ISB: After being blacklisted in public sector by PPRA, Chinese company, Dongfang Electric Corporation (DEC), is now eyeing private sector for energy generation projects. According to sources, Burj Wind Energy, a project of Burj Capital, has applied for the grant of generation licence in Nepra for a 13.5 MW Wind Power Project in Gujju, Sindh. The company has acquired private agriculture land around 250 acres on lease of 20 years at Gujjo, Pir Jharion, Thatta, Sindh, which…Read More

Ufone eyeing 3G licence

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article image STAFF REPORT IBD: Ufone, the only state-run cell phone service providing company, is believed to be the best placed to get a 3G licence based on the fact that it has Etisalat on its back, the Pro-Pakistanis Blog reported.However, the Blog said it is not that other (telecom) groups are struggling with pockets, but Etisalat has this edge of holding $800 million from PTCL’s sale which it can now lend back to the government of Pakistan to get a 3G licence."Ufone will definitely go for the 3G…Read More