Hubco upgrading to meet environmental standards, govt told

Courtesy Dawn News KARACHI: The upgrading of Hub Power Company’s (Hubco) power plant would fully meet all the required limits set out by National Environmental Quality Standards (NEQS), the company has informed the federal government. A delegation of Hubco, comprising its Chief Executive Khalid Mansoor and China Power Hub Generation Company (CPHGC) Chairman Huang Yuntao…

IFC commits $5.6bn investment

Courtesy Dawn News ISLAMABAD: The International Finance Corporation (IFC) has committed over $5.6 billion of cumulative investment in Pakistan, including $611 million in mobilisation. Pakistan represents IFC’s largest country exposures in the Middle East and Northern Africa region, Pakistan Country Snapshot by World Bank said here on Wednesday. IFC’s current committed investment exposure in Pakistan…