Power generation: Firm purchases Chinese boiler for $7.5m

HYDERABAD: In a bid to reduce power outages in the city, Fateh Group, Hyderabad has signed a contract with China Yongxing Boiler Group, China for purchase of a coal-fired boiler with a 16 megawatt power generation capacity, at a cost of $7.5 million. According to a press release, the contract was signed by Yongxing Boiler Group Chairman Yongxing Wang in the presence of Fateh Group Chairman Gohar Ullah. The boiler will be shipped to Pakistan within 100 days, and installed in Hyderabad by engineers of Yongzing Boiler Group.

Published in The Express Tribune, April 5^th,  2011.