Eastway (Pvt) Limited, a subsidiary of Twalumba Holdings, has signed a $1.6 billion deal with Thompson Cole Consortium, a UK-based firm, for the construction of solar power generation plants in the country's 8 rural provinces.
Work on the project would be done through two subsidiaries of Thompson Cole Consortium - Sun Gen of China and Belm Am of UK.
Sun Gen has vast experience in solar power plant technology while Bel Am is the financing arm of the project.
- herald
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