JEDDAH, Feb 3 Saudi Arabias Xenel group, owners of the Hubco independent power project, will expand the power generation capacity of the Hubco plant by another 300MW by 2010, taking the total generation at the plant to almost 2000MW.

This was stated by a three-member delegation of the group during a meeting with caretaker Prime Minister Mohammedmian Soomro and his delegation here on Sunday.

Separately, a four-member delegation of the Al-Tuwairqi group, led by its chairman Hilal Tuwairqi, called on the prime minister and discussed their future investments and projects in Pakistan.

They told the prime minister that in view of the projected shortage of about 20 million metric tons of steel in the Middle East, the group planned to increase its investments in Pakistan.

Additional investments by the group would enhance the production capacity of its plant in Pakistan and fill a sizeable portion of gap between demand and supply of steel in the region.

The group is operating the Tuwairqi Steel Mills project at Bin Qasim, Karachi.

Opinion

Editorial

Missing in action
17 Mar, 2026

Missing in action

NOT exactly known for playing a proactive role in protecting the interests of Muslim nations and populations...
Risk to stability
Updated 17 Mar, 2026

Risk to stability

THE risks to Pakistan’s fragile economic recovery from the US-Israel war on Iran cannot be dismissed. Yet the...
Enrolment push
17 Mar, 2026

Enrolment push

THE federal government has embarked upon the welcome initiative to enrol 25,000 out-of-school children in Islamabad...
Holding the line
16 Mar, 2026

Holding the line

PAKISTAN’S long battle against polio has recently produced encouraging signs. Data from the national eradication...
Power self-reliance
Updated 16 Mar, 2026

Power self-reliance

PAKISTAN’S transition to domestic sources of electricity is a welcome development for a country that has long been...
Looking for safety
16 Mar, 2026

Looking for safety

AS the Middle East conflict enters its third week, the war’s most enduring victims are not those who wage it....