JEDDAH, Feb 3 Saudi Arabias Xenel group, owners of the Hubco independent power project, will expand the power generation capacity of the Hubco plant by another 300MW by 2010, taking the total generation at the plant to almost 2000MW.

This was stated by a three-member delegation of the group during a meeting with caretaker Prime Minister Mohammedmian Soomro and his delegation here on Sunday.

Separately, a four-member delegation of the Al-Tuwairqi group, led by its chairman Hilal Tuwairqi, called on the prime minister and discussed their future investments and projects in Pakistan.

They told the prime minister that in view of the projected shortage of about 20 million metric tons of steel in the Middle East, the group planned to increase its investments in Pakistan.

Additional investments by the group would enhance the production capacity of its plant in Pakistan and fill a sizeable portion of gap between demand and supply of steel in the region.

The group is operating the Tuwairqi Steel Mills project at Bin Qasim, Karachi.

Opinion

Editorial

Dangerous law
Updated 17 May, 2024

Dangerous law

It must remember that the same law can be weaponised against it one day, just as Peca was when the PTI took power.
Uncalled for pressure
17 May, 2024

Uncalled for pressure

THE recent press conferences by Senators Faisal Vawda and Talal Chaudhry, where they demanded evidence from judges...
KP tussle
17 May, 2024

KP tussle

THE growing war of words between KP Chief Minister Ali Amin Gandapur and Governor Faisal Karim Kundi is affecting...
Dubai properties
Updated 16 May, 2024

Dubai properties

It is hoped that any investigation that is conducted will be fair and that no wrongdoing will be excused.
In good faith
16 May, 2024

In good faith

THE ‘P’ in PTI might as well stand for perplexing. After a constant yo-yoing around holding talks, the PTI has...
CTDs’ shortcomings
16 May, 2024

CTDs’ shortcomings

WHILE threats from terrorist groups need to be countered on the battlefield through military means, long-term ...