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  • Jan 31st, 2014
  • Comments Off on Invar International chairman meets BoI chief
Alexander Razinski, Chairman, and Peter Strouzas, Research & Development Manager of M/s Invar International Holding, Inc. USA Corporation called on Special Assistant to Prime Minister and Chairman Board of Investment, Dr Miftah Ismail and Secretary BOI, Imran Afzal Cheema, says a press release issued here on Thursday.

Alexander Razinski said that Invar International Holding, Inc is a privately held Virginia, USA corporation that through its subsidiaries, invests in and develops energy infrastructure projects and provides investment management and consulting services for international business transactions, specialising in the energy sector and project finance. Invar recently completed its work on the first two privately-owned power plants in Moscow, Russia, which it developed in partnership with ZorluEnerji Group, he told.

Chairman BOI said that Pakistan has reserves of 175billion metric tons of coal at Thar Coal and 100, 000 MW energy can be produced for the next 200 years. He said that investment in Gadani power project is priority of the present government. The coal gasification will bring clean fuel, power and jobs in Pakistan. Investment in energy sector is the priority of Prime Minister Nawaz Sharif to bridge the gap of demand and supply which is now more than 6000MW. Secretary BOI highlighted the investment policy and incentives offered in the special economic zones of Pakistan.-PR

Copyright Business Recorder, 2014


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