Gadoon Textile Mills Ltd BOD to evaluate Hydro Power Projects of 150 MW

News Image

MG News | July 13, 2018 at 11:05 AM GMT+05:00

0:00

As per notification filed on the Pakistan Stock Exchange by Company secretary Abdul Sattar Abdullah, the Board of Directors of Gadoon Textile Mills limited (GADT) has approved to evaluation setting up of hydropower projects having a collective capacity of around 150 megawatts.

The proposed projects are to be located in the province of Khyber Pakhtunkhwa.

However, all future investments by the company will be based on the outcome of this evaluation and would be further subject to approvals from the regulators and shareholders of the company.

Gadoon Textile Mills Limited is part of the Yunus Brother Group, a conglomerate with a diverse portfolio of companies encompassing textiles, cement, and power generation.

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,740.00 119,275.00
117,905.00
1120.00
0.95%
BRENT CRUDE 72.42 72.82
72.35
-0.82
-1.12%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 70.04 70.41
70.01
0.04
0.06%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg