ISLAMABAD: Pakistan has received a major investment offer from Russia for the energy sector.
Russia’s interest has come in form of financing the various projects up to five hundred million Euros, reveals Abid Sher Ali, State Minister for Water and Power.
The vocal minister also appreciated Russia’s full support in convincing regional states‚ Kyrgyzstan and Tajikistan for participation in KASA-1000 project.
Russian firms Inter Rao and Techno prom say that a technical feasibility has been handed over to Pakistan for Muzafargarh and Neelam Jhelum projects and a massive fund of 500 million Euro has been reserved for them.
However the firms representatives stressed upon the need for an early signing of agreement to gear up the execution of the project.
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