PAEC, CPIH sign MoU for mutual cooperation

Author: Staff Report

Karachi: Pakistan Atomic Energy Commission (PAEC) and China Power International Holding Ltd. (CPIH) have signed a Memorandum of Understanding (MoU) for general cooperation between two entities. Under this MoU, PAEC and CPIH will develop extensive collaboration on the power sector in Pakistan. China Power International Holding Ltd is a core subsidiary of State Power Investment Corporation (SPIC), one of the top five State-owned Power Groups in China. CPIH mainly engages in the development and operation of power projects, including coal-fired, hydro, natural gas, wind, solar energy, biomass, waste-to-energy, CHP, as well as coal and electricity consortium projects. Pakistan Atomic Energy Commission (PAEC) is a governmental scientific, engineering and research institution, concerned with research and development of nuclear power, promotion of nuclear power, energy conservation and the peaceful usage of nuclear technology.

Share
Leave a Comment

Recent Posts

  • Top Stories

Senior executives at Mercuria to face investigation by Pakistan’s FIA

Mercuria, a global commodities trading firm headquartered in Geneva, finds its senior executives under scrutiny…

48 mins ago
  • Business

PSX extends bullish trend with gain of 862 points

Pakistan Stock Exchange (PSX) remained bullish for the second session in a row on Monday,…

1 hour ago
  • Business

PKR depreciates by 3 paisas to 278.24 vs USD

The rupee remained on the back foot against the US dollar in the interbank market…

1 hour ago
  • Business

SECP approves PIA’s scheme of arrangement

The Securities and Exchange Commission of Pakistan has approved the Scheme of Arrangement between Pakistan…

1 hour ago
  • Business

Gold snaps losing streak

Gold price in the country snapped a six-session losing streak and increased by Rs2,500 per…

1 hour ago
  • Business

Rs 83.6 billion loaned to young entrepreneurs: Rana Mashhood

Chairman of the Prime Minister Youth’s Programme(PMYP) Rana Mashhood has underscored the success of the…

1 hour ago