ISLAMABAD- The Pakistani government and the K-Electric (KE) have finally agreed to sell off the KE to Shanghai Electric Power (SEP) after years of a standstill over the issue. In 2005, Dubai-based private equity firm Abraaj Group, Saudi business group Aljomaih Holdings, and National Industries ...

ISLAMABAD- Chairman China Pakistan Economic Corridor Authority and Special Assistant to Prime Minister on Information and Broadcasting Asim Saleem Bajwa has said that more than 1100 Jobs of various categories have been opened for a recently started Project by Shanghai Electric at Thar Block-1. In a ...

ISLAMABAD - A Chinese Company Shanghai Electric will invest an amount of four billion dollars at Thar Coal block one and will establish two power plants of 1320 megawatt of electricity there. A seven-member delegation of Shanghai Electric called on Sindh Chief Minister Syed Murad Ali Shah at ...

ISLAMABAD: Minister for Planning and Development Khusro Bakhtyar has said that there is a huge potential for private and foreign direct investment in the power value chain including generation, transmission and distribution. He was talking to a delegation led by the Vice Chief Economist Shanghai ...

ISLAMABAD: Chairman Shanghai Electric Power (SEP) Wang Yundan evinced keen interest of his company to invest in the power sector of Pakistan. The Chairman who called on Prime Minister Imran Khan here at the PM Office also briefed him about the Shanghai Electric Power. The Prime Minister welcomed ...

ISLAMABAD - A notification sent to Pakistan Stock Exchange (PSX) on Monday by K-Electric revealed Shanghai Electric Power Company Limited had withdrawn its offer to acquire 66.4 percent majority stake in the company. In a notification filed by Arif Habib Limited as manager to the offer ...

KARACHI - Defence Ministry had given security clearance to Shanghai Electric Power (SEP) for the acquisition of K-Electric.SEP received no-objection certificates from the Interior and Defence Ministries paving way for its 66.4pc majority stake acquisition in K-Electric. The no-objection ...

Shanghai Electric Power Co Ltd said Monday that it had received approval from the Competition Commission of Pakistan (CCP) to acquire K-Electric Limited. The Abraaj Group announced in October that one of its companies, KES Power, had reached an agreement to divest its stake in K-Electric, the ...

KARACHI: In the largest private sector deal in Pakistan the China's Shanghai Electric Power Company has taken over the major stakes in the K Electric.Brazil to help Pakistan in generating renewable energyThe Abraaj Group on Sunday announced that it has agreed to divest its 66.4% shareholding in ...