Steel company to install solar power project
Scheme is expected to steer green revolution in steel sector
At a time when the government is suspending gas supply to the industry that generates its own electricity, Agha Steel Industries has announced plans to install a 2.25-megawatt solar power project.
According to a notification sent by the company to the Pakistan Stock Exchange (PSX) on Wednesday, it has signed a contract with Renewable Power Private Limited for installation of the 2.25MW solar power project at its production facility located at Port Qasim, Karachi.
“Meezan Bank has been nominated as the lead Islamic banking arranger for the project,” it said. “This would be one of the largest solar power projects installed by a steel manufacturer in Pakistan.”
Karachi: Fifty new fire engines purchased by the federal government for Karachi from China will arrive in the city by the middle of January 2021 to beef-up its fire fighting system.
The ruling Pakistan Tehreek-e-Insaf has termed these new fire engines as a gift of Prime Minister Imran Khan for people of the city. The PM earlier this year announced a historic Rs 1,100 billion development package for the city after much of its civic infrastructure was devastated in the torrential monsoon rains.
Chairing a meeting of the Sindh Industrial Liaison Committee at the Governor House, Sindh Governor Imran Ismail said that out of these 50 new fire engines, two each would be given to every industrial area of the city.