Pakistan State Oil (PSO) Monday signed Memorandum of Understanding (MoU) for fuel supply with Kot Addu Power Company for planed 400-500 MW expansion project of its Kapco Complex.
In a statement issued here on Monday, the document was initiated in ceremony at PSO House. Syed Rizwan Ali Shah, Chief Executive Officer, Kapco and Jalees Ahmed Siddiqui, Managing Director & CEO, PSO, represented their respective organisations.
Kapco, a major power generating company in private sector is playing significant role in economy, has long-term contractual fuel supply agreement with PSO. MoU is testament to further collaboration between two companies. PSO has embarked on aggressive plan to engage power sector future fuel business.-PR