أرشيف الوسم : Metro

Service agreement: CDA refuses to sign contract with metro bus authority

ISLAMABAD:  The Punjab Metro Bus Authority (PMBA) has signed three service agreements with private firms without taking the Capital Development Authority (CDA) on board.  Officials say the CDA, which would look after the Rawalpindi-Islamabad metro bus project’s Islamabad section, had recently refused to sign the eight-year operational contract for the project, citing low revenue and high operation and maintenance costs. ... أكمل القراءة »

Metro bus: ICCI demands early completion of project

Business persons of the capital have demanded early completion of the Metro Bus Project and rehabilitation of roads and plantation affected by the mega project. Islamabad Chamber of Commerce and Industry (ICCI) President Muzzamil Sabri, in a press release on Sunday, said work on the project was sluggish and authorities were not paying attention to address the environmental concerns. He ... أكمل القراءة »

Metro power project: 50MW project achieves financial closure

THATTA: Metro Power Project, a 50MW wind power project of Metro Power Company Limited located in Jhimpir, district Thatta Sindh, has achieved  financial close. The project being sponsored by Iqbal Ali Mohammad & family, Infraco Asia Development Private Limited Singapore and International Finance Corporation is scheduled to commence operations in the 3rd quarter of 2016. This project worth 1 million is ... أكمل القراءة »

Karachi metro bus: Bahria Town offers Rs42b loan to Sindh govt

KARACHI: Construction conglomerate Bahria Town will give Rs42 billion loan to Sindh government for Karachi Metro Bus project. This was decided in a high level meeting, where Asif Ali Zardari, Bahria Town Chairman Malik Riaz, Sindh Chief Minister Qaim Ali Shah and members of the provincial cabinet unanimously approved the Karachi Metro Bus project. According to a press release, the meeting ... أكمل القراءة »