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FINANCIAL NEWS
UAE’s ANC invests USD2.5 b in power plants in Pakistan
06 Mar 2014
(MENAFN) UAE-based Arab National Company said it will invest as much as USD2.5 billion in Pakistan to launch two coal power plants, according to the Emirates 24/7.
ANC has signed a memorandum of understanding with the Private Power and Infrastructure Board (PPIB) to launch power plants that are expected to produce 660 megawatts in Gaddani, Baluchistan.
Through the new power plants, Pakistan will be able to overcome the energy crisis.
Pakistan is suffering the disability of covering power requirements in the country by resorting to tapping different sources of energy.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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