K-Electric and China Three Gorges South Asia Investment Limited signed a memorandum of understanding (MoU) to collaborate in the development of about 1,000MW of renewable energy and hydropower projects. According to a press release, K-Electric CEO Moonis Abdullah Alvi, and CTGSAIL CEO Wang Minsheng signed the MoU. The MoU will help generate renewable energy including hydro generation of 1,000MW (1 GW) at least.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Gold price falls on rupee’s recovery

Gold rate slipped under Rs. 200,000 per tola on Monday as the…

SECP issues guidelines for Islamic Financial Services

Islamabad: The Securities and Exchange Commission of Pakistan issued Guidelines for Offering…

FBR database breach prevented

Officials of the Federal Board of Revenue (FBR) reported that the database…

Pakistan Stock Exchange Hits Historic 90,000-Point Milestone on Investor Optimism

The Pakistan Stock Exchange (PSX) made history as the KSE-100 index surged…