CORPORATE WATCH

Published November 23, 2017

KCA office-bearers elected

KARACHI: Naseem Usman and Abdul Jalil Khan were elected unopposed chairman and vice-chairman of the Karachi Cotton Association (KCA) for 2017-18, said a press release.

Other office-bearers were: Girdhari Lal Assudomal (secretary), Taqi Abbas (joint secretary), Muhammad Aamir Naseem Osawala (treasurer) and Azhar Abbas (public relations).

Iraq, GE sign $400m infrastructure deal

BAGHDAD: Iraq and General Electric have signed a deal to develop Iraq’s power infrastructure, which would help bring much-needed electricity to areas facing significant shortages across the country.

GE says in a statement released on Wednesday that the more than $400 million contract will help building 14 electric substations and supply critical equipment such as transformers, circuit breakers and other outdoor equipment to revamp existing substations.

GE says the substations will hook up power plants in the provinces of Ninevah, Salahuddin, Anbar, Baghdad, Karbala, Qadissiyah and Basra to the national grid.

Published in Dawn, November 23rd, 2017

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