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Published 11 Feb, 2009 12:00am

Czech firm keen to invest in power sector

RAWALPINDI, Feb 10: A private sector company of Czech Republic has shown keen interest in development of power sector in Pakistan.

Chief Executive Officer of CKD Group of Companies Frantisek Vladar, who is currently leading a two-member delegation to Pakistan, held a meeting with the CEO of Engineering Development Board (EDB) Asad Elahi in Islamabad on Tuesday and gave a detailed briefing on turbines, generators and other power equipment.

The EDB chief assured the CKD delegation that the board will bring into contact Pakistani companied for possible future technical agreements with the CKD Group.

The group is specialised in manufacturing of power plants, electricity and gas compressors and motors.

Mr Elahi further informed the delegation that the EDB was in touch with the Water and Power Development Authority (Wapda) in order to ascertain its medium and long-term requirements.

During the meeting the CKD delegation was given a detailed briefing on the working and future plans of the board.

The visitors were informed that the board has formulated policies on auto and trucking in the last few years and is currently working on the steel policy.

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