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Lalpir Power
The Lalpir Power Complex, () is a defunct power plant complex located in Mehmood Kot, District Muzaffargarh, Punjab, Pakistan. It comprised two power plants: Lalpir Power and Pakgen Power, both of which were established in 1994 and remained active until 2024, when the Government of Pakistan prematurely terminated its energy purchase agreement amid concerns about coercion and threats to file corruption cases against IPP owners should they seek international arbitration. It was incorporated in 1994. Lal Pir 1 produces 362 MW of electricity whereas Lal Pir 2, which is also known as PakGen Power, produces 365MW of electricity. It is owned by Nishat Group. It is listed on the Pakistan Stock Exchange. History Lal Pir power complex was established by the AES Corporation in 1994 and consists of a single residual fuel-oil boiler and a steam turbine generator. Nichimen Japan was hired as an EPC contractor. In 2010, Nishat Group and a consortium acquired the two plants, AES Lalpir and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan
Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country#Countries, second-largest Muslim population as of 2023. Islamabad is the nation's capital, while Karachi is List of cities in Pakistan by population, its largest city and financial centre. Pakistan is the List of countries and dependencies by area, 33rd-largest country by area. Bounded by the Arabian Sea on the south, the Gulf of Oman on the southwest, and the Sir Creek on the southeast, it shares land borders with India to the east; Afghanistan to the west; Iran to the southwest; and China to the northeast. It shares a maritime border with Oman in the Gulf of Oman, and is separated from Tajikistan in the northwest by Afghanistan's narrow Wakhan Corridor. Pakistan is the site of History of Pakistan, several ancient cultures, including the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Thames in southeast England, at the head of a tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Roman Empire, Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of Government of the United Kingdom, the national government and Parliament of the United Kingdom, parliament. London grew rapidly 19th-century London, in the 19th century, becoming the world's List of largest cities throughout history, largest city at the time. Since the 19th cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Build–operate–transfer
Build–operate–transfer (BOT) or build–own–operate–transfer (BOOT) is a form of project delivery method, usually for large-scale infrastructure projects, wherein a private entity receives a concession (contract), concession from the public sector (or the private sector on rare occasions) to finance, design, construct, own, and operate a facility stated in the concession contract. The private entity will have the right to operate it for a set period of time. This enables the project proponent to recover its investment and operating and maintenance expenses in the project. BOT is usually a model used in public–private partnerships. Due to the long-term nature of the arrangement, the fees are usually raised during the concession period. The rate of increase is often tied to a combination of internal and external variables, allowing the proponent to reach a satisfactory internal rate of return for its investment. Countries where BOT is prevalent include Thailand, Turkey, Tai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ING Bank
ING Group N.V. () is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services. With total assets of US$967.8 billion, it is one of the biggest banks in the world, and consistently ranks among the largest banks globally. ING is the Dutch member of the Inter-Alpha Group of Banks, a co-operative consortium of 11 prominent European banks. Since in 2012, ING Bank is a member in the list of global systemically important banks. It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. In 2020, ING had 53.2 million clients in more than 40 countries. The company is a component of the Euro Stoxx 50 stock market index. The long-term debt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dresdner Bank
Dresdner Bank AG () was a German bank, founded in 1872 in Dresden, then headquartered in Berlin from 1884 to 1945 and in Frankfurt from 1963 onwards after a postwar hiatus. Long Germany's second-largest bank behind Deutsche Bank, it was eventually acquired by Commerzbank in May 2009. 1872-1933 The Dresdner Bank was established on through the conversion of , a Dresden-based private bank founded in 1771, on the advice of banker Eugen Gutmann. The bank's founding consortium of investors consisted of (Leipzig), Berliner Handels-Gesellschaft (Berlin), (Frankfurt), (Frankfurt) and (Hamburg), with an initial capital of 8 million Thalers (24 million Marks) and 30 employees in Wilsdruffer Strasse in Dresden. Gutmann became chairman of the new entity's board and led it until his retirement in 1920. In the 1870s, the Dresdner Bank acquired smaller regional institutes and several banks. In 1881, it opened a branch in Berlin, whose activity quickly exceeded the nominal head office in Dr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of International Trade And Industry
The was a Ministry (government department), ministry of the Government of Japan from 1949 to 2001. The MITI was one of the most powerful government agencies in Japan and, at the height of its influence, effectively ran much of Japanese industrial policy, funding research and directing investment. In 2001, MITI was merged with other agencies during the 2001 Central Government Reform, Central Government Reform to form the newly created Ministry of Economy, Trade and Industry (METI). History MITI was created with the split of the Ministry of Commerce and Industry (Japan), Ministry of Commerce and Industry in May 1949 and given the mission for coordinating international trade policy with other groups, such as the Bank of Japan, the Economic Planning Agency, and the various commerce-related Cabinet (government), cabinet ministries. At the time it was created, Japan was still recovering from the economic disaster of World War II. With inflation rising and productivity failing to kee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Punjab, Pakistan
Punjab (, ) is a Administrative units of Pakistan, province of Pakistan. With a population of over 127 million, it is the Demographics of Pakistan, most populous province in Pakistan and the List of first-level administrative divisions by population, second most populous subnational polity in the world. Located in the Geography of Pakistan, central-eastern region of the country, it has the #Economy, largest economy, contributing the most to Economy of Pakistan, national GDP in Pakistan. Lahore is the capital and largest city of the province. Other major cities include Faisalabad, Rawalpindi, Gujranwala and Multan. It is bordered by the Pakistani provinces of Khyber Pakhtunkhwa to the north-west, Balochistan, Pakistan, Balochistan to the south-west and Sindh to the south, as well as Islamabad Capital Territory to the north-west and Azad Kashmir to the north. It shares an India-Pakistan border, international border with the Indian states of Rajasthan and Punjab, India, Punjab to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muzaffargarh
Muzaffargarh is a city in the province of Punjab, Pakistan. Located on the bank of the Chenab River, it is the capital of the eponymous district. It is the 39th most populous city of Pakistan. History The Muzaffargarh region was an agricultural and forested area during the Indus Valley civilization. Then came the Vedic period, which was characterized by the introduction of Indo-Aryan culture into the Punjab province. Over time, several other civilizations came to power in the ancient town and surrounding district: the Kambojas, the Daradas, the Kekayas, the Madras, the Pauravas, the Yaudheyas, the Malavas and the Kurus. After the fall of the Achaemenid Empire in 331 BCE, Alexander the Great marched into the present-day Punjab province with an army of 50,000 men. The Muzaffargarh region was, during different time periods, also ruled by the Maurya Empire, the Indo-Greek kingdom, the Kushan Empire, the Gupta Empire, the White Huns, the Kushano-Hephthalites, and the Turk and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karachi Stock Exchange
The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a Frontier markets, frontier market on 8 September 2021. Pakistan Stock Exchange was founded in 1947 as Karachi Stock Exchange, In January 2016, Karachi Stock Exchange was renamed as Pakistan Stock Exchange after the merger of the Lahore Stock Exchange and Islamabad Stock Exchange. Investors on the exchanges include 1,886 foreign institutional investors and 883 domestic institutional investors along with about 220,000 retail investors. There are also about 400 brokerage houses which are members of the PSX as well as 21 asset management companies. As of year-end 2024, PSX has a total of 525 listed companies with a total market capitalization of 14.495 trillion PKR. History 1947–2016: Karachi Stock Exchange Founded on 18 September 1947, Karachi Stock Exchange Limited (KSE) was registered in Pakistan. It was located at the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dawn (newspaper)
''Dawn'' is a Pakistani English language, English-language newspaper that was launched in British Raj, British India by Muhammad Ali Jinnah in 1941. It is the largest English newspaper in Pakistan, and is widely considered the country's newspaper of record. ''Dawn'' is the flagship publication of the Dawn Media Group, which also owns local radio station ''CityFM89'' as well as the marketing and media magazine ''Aurora''. Muhammad Ali Jinnah, Pakistan's founding father, launched the newspaper in Delhi on 26 October 1941, with the goal of establishing it as a mouthpiece for the All-India Muslim League. The first issue was printed at Latifi Press on 12 October 1942. Based in Karachi, it also maintains offices in Lahore, Peshawar, Quetta and the capital city of Islamabad, in addition to having correspondents abroad. , it has a weekday circulation of over 109,000. The newspaper's current chief editor is Zaffar Abbas. History ''Dawn'' began as a weekly publication, based in New Delh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan State Oil
Pakistan State Oil Company Limited (PSOCL) operating as PSO, is a Karachi-based, state-owned energy company. Established in 1976, the company operates in the oil and gas industry.As of 2024, it maintains a network of 3,580 retail outlets, nine installations, 19 depots, refueling facilities at 14 airports, and operations at two major seaports. It also has the country’s largest storage capacity of 1.24 million tons, PSO supplies fuel to 3 million customers daily, and holds a market share of 51.6% in Pakistan's downstream oil market. History PSO's history dates back to January 1, 1974, when the Government of Pakistan took control of Pakistan National Oil (PNO) and Dawood Petroleum Limited. These entities merged to form the Premier Oil Company Limited (POCL) under the Federal Control Act 1974. Soon after that, on 3 June 1974, Petroleum Storage Development Corporation (PSDC) came into existence. PSDC was then renamed as State Oil Company Limited (SOCL) on 23 August 1976. Followi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
