8,821
September 8, 2009
News : The Sindh government and Engro Power Generation Limited on Tuesday signed an agreement for mining and generating 600-1000 megawatts power from Thar Coal fields on a public-private-partnership basis. The agreement was signed by Aijaz Ali Khan, Secretary Mines and Mineral Development on behalf of Sindh Government and Asad Umer, CEO Engro Ltd and Khalid Mansoor, CEO Engro Power Generation….Under the agreement Sindh Government will make 40 percent and Engro will make 60 percent investment. The project envisages 600 to 1000 MW electricity and 2 percent of the profit would be spent on the welfare of local population. The project feasibility will be completed in 18 months…. Aaj News
MCB Bank Limited joined hands with Adamjee Life to offer Bancassurance products to MCB customers. Through this newly formed alliance, MCB will act as a distributor of Adamjee Life products to its customers, President MCB, Atif Bajwa said.He said in turn MCB’s association with Adamjee Life would facilitate the bank to meet such customer requirements… Daily Times
Market Low : 8,794.07 High : 8,943.39
Market Close : 8,821.56 — 114.30 points down
