Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 828 Sun. September 24, 2006  
   
Business


Nine int'l firms competing to set up power plant in Pakistan


Nine international companies are competing to set up a 1,000 to 1,200 MW coal-based power plant near southern Pakistani coastal city Karachi, the Dawn newspaper reported Saturday quoting official sources.

This comes as a response to Pakistani government's emergency efforts to overcome power shortages in the country.

Nine companies had submitted their statements of qualifications (SOQs) by Sept. 20 deadline to set up in integrated imported coal-based power project near Karachi, sources in the government's Private Power and Infrastructure Board (PPIB) told Dawn.

The competitors include Sumitomo of Japan Siemens and Reinhaul of Germany, Al-Jumaih Group of Saudi Arabia, AES Corporation of the United States and Malakoff of Malaysia, said the report.

The SOQs submitted by the companies would be evaluated by a committee for pre-qualification and ranking by Oct. 20, and the PPIB will notify pre-qualified sponsors on Nov. 1 and issue letters of intent (LOI) on Nov. 15 this year to two bidders, it said.