Thursday March 11, 2010 
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Chief executive of Iran-Pak wind power calls on Sindh chief minister
KARACHI (March 11 2010): Chief Executive of Iran-Pak Wind Power (Pvt) Ltd Khurram Sayeed on Wednesday called on Chief Minister Sindh Syed Qaim Ali Shah at Chief Minister House. He apprised the Chief Minister Sindh about his project, which will be undertaken by joint venture with complete loan from his firm.

He further said that they had made survey of Thatta and Jamshoro districts, where these projects are feasible and as a first step, the Wind Power Project will be initiated in Thatta district, for which an area of 600 to 100 acres will be required. He added that 50 MW power will be generated by this project.

He said that there firm is already running these projects in Iran and their firm is fully equipped with latest technology in wind power concept. Chief Minister Sindh Qaim Ali Shah appreciated the proposed project and said that the Government of Sindh will encourage projects aimed at power generation so as to meet the shortage of electricity, adding that incentives will be provided to the intending investors. Chief Minister Sindh assured the team of Iran-Pak Wind Power (Pvt) Ltd that the project will be examined and land required will be provided.-PR

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The Rupee
Interbank closing rates for dollar on Thursday.
BuyingRs 85.70
SellingRs 85.75
Market uncertain
7481.03  73.24
Sectoral Indices 
Market at Close
BRIndex-30 7,541.30
KSE-30 Index 9,662.12
KSE-100 Index 9,879.33
LSE-25 Index 3,120.66
ISE-10 Index 2,553.13
Gold Per 10gm 34,157.00
KCA Spot Rate 6,400.00
Libor Rate 0.49669
World Indices
Index Closing Chg%
DJIA 10,415.24 0.27
Nasdaq 2,236.20 0.33
S&P 1,104.18 0.48
FTSE 5,494.16 1.20
DAX 6,221.52 0.93
CAC-40 3,722.15 1.22
Nikkei 9,239.17 1.55
H.Seng 21,257.39 0.43
Sensex Market Closed
NY Closing
Euro 1.2696
Sterling 1.5426
Swiss Franc 1.0153
Yen 83.9380
Gold 1246.50
Cotton 90.460
Oil 74.73
Economic Indicators
Annual2009/10
Foreign Debt $53.01bn
Per Cap Income $1046
GDP Growth 4.1%
Average CPI 11.73%
MonthlyJuly
Trade Balance $-1.45 bln
Exports $1.78 bln
Imports $3.24 bln
WeeklySeptember 02, 2010
Reserves $16.12 bln
 









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