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New Bong Escape Hydropower Project
The New Bong Escape Hydropower Project is a privately owned 84 MW run-of-the-river project located on Jhelum River 7.5 km downstream of the 1,070 MW Mangla Dam, a major multi-purpose water storage project commissioned. It is about 120 km from Islamabad, the capital city of Pakistan. The project commenced commercial operations on 23 March, 2013 and has the distinction of being Pakistan and AJ&K’s first hydropower IPP. By developing a bankable framework this trendsetting project has paved the way for rapid and full scale development of Pakistan and AJ&K’s hydropower potential. The project is jointly owned by HUBCO and Laraib Group with an equity split of 75% and 25% respectively. The project has been developed under Build-Own-Operate-Transfer (BOOT) basis, whereby it would be transferred to the Government of AJ&K free of cost at the end of a 25-year term. Financing and cost The project achieved Financial Closing on December 20, 2009. Total project cost is estima ...
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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 ...
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Pakistani Rupee
The Pakistani rupee (; ISO code: PKR; symbol: ; abbreviation: Re (singular) and Rs (plural)) is the official currency in the Islamic Republic of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan. It was officially adopted by the Government of Pakistan in 1949. Earlier the coins and notes were issued and controlled by the Reserve Bank of India until 1949, when it was handed over to the Government and State Bank of Pakistan, by the Government and Reserve Bank of India. In Pakistani English, large values of rupees are counted in thousands; lac (hundred thousands); crore (ten-millions); arab (billion); kharab (hundred billion). Numbers are still grouped in thousands History The word ''rūpiya'' is derived from the Sanskrit word ''rūpya'', which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", whence "coin". It is derived from the noun '' rūpa'' "shap ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ...
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Return On Investment
Return on investment (ROI) or return on costs (ROC) is the ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment's gains compare favorably to its cost. As a performance measure, ROI is used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments.Return On Investment – ROI
, Investopedia as accessed 8 January 2013
In economic terms, it is one way of relating profits to capital invested.


Purpose

In business, ...
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Maintenance, Repair, And Operations
The technical meaning of maintenance involves functional checks, servicing, repairing or replacing of necessary devices, equipment, machinery, building infrastructure and supporting utilities in industrial, business, and residential installations. Terms such as "predictive" or "planned" maintenance describe various cost-effective practices aimed at keeping equipment operational; these activities occur either before or after a potential failure. Definitions Maintenance functions can be defined as maintenance, repair and overhaul (MRO), and MRO is also used for maintenance, repair and operations. Over time, the terminology of maintenance and MRO has begun to become standardized. The United States Department of Defense uses the following definitions:Federal Standard 1037C and from MIL-STD-188 and from the Department of Defense Dictionary of Military and Associated Terms * Any activity—such as tests, measurements, replacements, adjustments, and repairs—intended to retain or r ...
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National Transmission And Dispatch Company
National Grid Company of Pakistan Limited (NGC) is a power transmission company managed by the Ministry of Energy of Pakistan. On 10 November 2024, Federal Energy Minister Awais Leghari said the NTDC was dissolved into three bodies. History National Grid Company of Pakistan Limited (formerly National Transmission & Despatch Company) was separated from Water & Power Development Authority (WAPDA) in 1998 and owns all 220 KV and 500KV grid stations and transmission lines in Pakistan. Its present headquarters are located at WAPDA House, Lahore, Pakistan. The company operates fourteen 500 KV and forty-three 220 KV grid stations, 5893 km of 500 KV transmission lines, and 10963 km of 220 KV transmission lines in Pakistan. In 1985, National Power Control Center (NPCC) was established in Islamabad to control 500kV and 220kV transmission system throughout the country which includes eight Regional Control Centers (RCC). In 2024 the Government of Pakistan announced the splitti ...
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Marsh & McLennan Companies
Marsh & McLennan Companies, Inc., doing business as Marsh McLennan, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting. Its four main operating companies are Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Marsh McLennan ranked No. 212 on the 2018 Fortune 500 ranking, the company's 24th year on the annual ''Fortune'' list, and No. 458 on the 2017 ''Forbes'' Global 2000 List. In 2017, ''Business Insurance'' ranked Marsh McLennan No. 1 of the world's largest insurance brokers. History Foundation and early years Burroughs, Marsh & McLennan was formed by Henry W. Marsh and Donald R. McLennan in Chicago in 1905. It was renamed as Marsh & McLennan in 1906. The reinsurance firm Guy Carpenter & Company was acquired in 1923, a year after it was founded by Guy Carpenter. In 1959, it acquired the human resources ...
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Mott MacDonald
The Mott MacDonald Group is a management, engineering and development consultancy headquartered in the United Kingdom. It employs over 19,000 staff in 150 countries. Mott MacDonald is one of the largest employee-owned companies in the world. History Mott MacDonald was formed in 1989 through the merger of Mott, Hay and Anderson and Sir M MacDonald & Partners. Mott, Hay and Anderson was a transportation engineering consultancy responsible for projects such as the London Underground while Sir M MacDonald & Partners was a water engineering consultancy with projects that included the Aswan Dam. The merger made Mott MacDonald one of the first international engineering, management, and development consultancies. Mott, Hay & Anderson Mott, Hay and Anderson was founded as a private partnership between Basil Mott and David Hay in 1902, with the original firm name of Mott & Hay. Prior to forming the original partnership, Mott and Hay had spent time building London tube railways a ...
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NESPAK
The National Engineering Services Pakistan (), commonly known as NESPAK, is a Pakistani state-owned enterprise and an energy contractor which provides consulting, construction, engineering, and management services globally. It is one of the largest engineering consultant management companies in Africa and Asia. The company's headquarters is located in Lahore, with offices in Riyadh, Muscat, Tehran, Kabul, Doha and London. As of 2016, NES has been contracted to carry out 3,642 projects out of which 3,116 are located in Pakistan and 526 are overseas projects with the cumulative cost of projects at $243 billion. Among its projects are the $1.65 billion Lahore Metro, $4 billion Neelum–Jhelum Project, $800 million New Islamabad Airport, $893 million expansion of Salalah Airport and the $500 million Farah River Dam Project as well as managing the Karachi Nuclear Power Plant on behalf of Nuclear Regulatory Authority of Pakistan. NESPAK is also managi ...
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Montgomery Watson Harza
MWH Global Inc. was a global water and natural resources firm providing technical engineering, construction services and consulting services. In 2016, MWH was acquired by Stantec Consulting Inc. The firm provided planning, design and construction management for water and natural resources projects around the world. The firm was headquartered in Broomfield, a suburb of the Denver metropolitan area in the state of Colorado of the United States, with operations in 35 countries. As of May 2015, MWH Global had a global staff of approximately 7,000 employees including builders, engineers, architects, geologists, operators, project managers, business consultants, scientists, technologists, and regulatory experts. MWH was listed as the 15th-largest employee-owned company in the United States. The MWH name is carried forward today at MWH Constructors, the water and wastewater construction branch of the former MWH Global. History MWH Global is the unification of three major engineering ...
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Hyundai Engineering
Hyundai Engineering Co., Ltd. or HEC is a company established in 1974. As a global engineering solutions firm that plays a leading role in the areas of plants, architecture, infrastructure and asset management, Hyundai Engineering is expanding into eco-friendly energy to build a sustainable future. In the area of plants, the company provides total solutions for front-end engineering design (FEED) as well as engineering, procurement and construction (EPC). In architecture, it handles business projects involving industrial facilities, ordinary architecture and housing. In infrastructure, it pursues projects involving smart cities and eco-friendly energy. Recently, it has been leading the way toward achieving carbon neutrality by aggressively researching and investing in technology for producing clean hydrogen and turning carbon dioxide into a resource. Business areas * Chemical engineering factories, power and energy plants, green energy, construction, housing, infrastructure, ass ...
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