Tuesday, December 08, 2009
KARACHI: A well-reputed German solar company Azur Solar GmbH has signed a Memorandum of Understanding (MoU) with Raza Impex Pvt Ltd Pakistan during the visit of the Prime Minister Yousuf Raza Gilani to Germany. According to the Board of Investment (BoI) on Monday, the signing ceremony was attended by the officials of German Ministry of Economics and BoI officials. The two companies have agreed to enter a joint venture for installation of a 50 megawatts solar power plant in Pakistan. CEO Bernd Sauter signed the MoU on behalf of Azur Solar whereas CEO Zafar Hussain and Managing Finance Partner Khurram Bilal signed it on behalf of Rafza Impex Pakistan. app
Source: http://www.dailytimes.com.pk/default.asp?page=2009%5C12%5C08%5Cstory_8-12-2009_pg5_12
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