LAHORE: Federal Minister for Water and Power Khawaja Muhammad Asif announced bonus and 10 percent ad hoc relief in salaries of the staff of NESPAK (National Engineering Services Pakistan) during 138th meeting of its Board of Directors here Monday.
The NESPAK Managing Director Amjad A. Khan welcomed and briefed the Federal Minister about the role and achievements of NESPAK.
On this occasion, the Minister advised NESPAK to help the government in averting flood related disasters.
He also stressed the need for clearance of encroachments on river beds, elimination of deforestation and other necessary steps at the provincial level. While, Amjad A. Khan said, the NESPAK was established in 1973 to create a pool of talented engineers; attain self-reliance in engineering consultancy and replace the foreign consultants, adding the Company achieved these objectives to a large extent.
The NESPAK, he said, was engaged in various projects of national importance in water resources, energy, highways, environment and public health engineering, architecture and planning sectors. Major projects for which NESPAK has been providing engineering consultancy services include 6600MW Gadani Power Park Project, 969 MW Neelum-Jhelum Hydro electric Project, 747-MW Combined Cycle Power Plant Guddu, Rahim Yar Khan 500 kV Substation & associated transmission lines, he maintained.
Amjad A. Khan mentioned that recently, NESPAK had achieved a major breakthrough and it was successfully registered in UK as NESPAK UK Limited for undertaking international projects. The NESPAK was also in the process of establishing linkages with UK based companies, which would be reciprocal in nature. The MoUs with the UK companies would be signed within 15 to 20 days.
NESPAK was now in a position to take part in bids and win projects after competition with European consultants, he said, asserting, the Company was already earning 35 percent of its total income through international projects through offices located at Saud Arab, Afghanistan, Qatar, Oman and Iran. Once the projects start going in UK then NESPAK plans to open an independent office in London and till that time NESPAK will operate from the office of one of its associated firms located in London. The Minister was told that at present, NESPAK has staff strength of over 4200 employees.
Earlier, the 138th BoD meeting and 42nd Annual General Meetings of NESPAK were held with Ms. Nargis Sethi in the chair at NESPAK House.
The directors who attended the meeting included the NESPAK Managing Director Amjad A. Khan, the UET Lahore Dean Prof Abdul Sattar Sakir, Planning and Development Punjab Chairman Muhammad Irfan Elahi and National Highways Authority (NHA) Chairman Shahid Ashraf Tarar.
The Board confirmed the minutes of the previous 137th BoD meeting and appointment of Ms Nargis Sethi as Chairperson of NESPAK.
The appointment of Auditors was also okayed at the meeting.
The approval of bonus and 10 percent adhoc relief in salaries for the staff of NESPAK was also approved at the meeting.
The Board appreciated the services being provided by NESPAK on the ongoing projects and urged its management to keep up its good performance. Various financial and administrative matters were also discussed and finalized in the meeting.
Comments
Comments are closed.