World Bank debars Pakistani firms over power contracts collusion

Three companies have been debarred for engaging in collusive practices when bidding for contracts under a power project financed by the World Bank in Pakistan. Lahore-based Pak Elektron Limited (PEL), its affiliates PEL Marketing Limited and Kohinoor Power Company Limited and Abdul Waheed Butt are ineligible to participate in World Bank-financed projects for 33 months. […]

Indian Minister demands Rs. 1350 crore for power projects

An Indian Energy Minister has demanded a grant of Rs.1350 crore (£17million) for 32 power projects to help supply electricity to rural areas in the state of Rajasthan. Dr Jitendra Singh made the plea as he claimed the areas, with between 100 to 300 people, don’t have any electricity. He also said a million villages, […]