World Bank accords approval to five energy projects
July 16, 2018


Gul Ahmed and Metro Group of companies celebrated the SAP Business One Go Live ceremony on 22 November 2021 at their head office in Karachi, in the presence of their Program Management Office Advisors Hashtag Consulting Solutions and implementation partners Abacus Consulting.

Speaking on the occasion Mr. Danish Iqbal the Group Chairman stated that, “it is indeed a matter of great pride for us that four of our companies namely Metro Power, Metro Wind Power, Gul Ahmed Wind Power and Gul Ahmed Electric have successfully managed to implement SAP B1 ERP solution in line with our strategic vision to transform our way of doing business and prepare for the future challenges.”

To commemorate the occasion, Mr. Danish Iqbal cut a ceremonial cake along with Mr. Ubaid Amanullah Chief Operating Officer, Mr. Zillay Nawab of Hashtag Consulting & Mohammad Khalid Iqbal of Abacus Consulting. Both GMBT and Abacus Implementation team members graced the occasion.

In recognition of the team efforts, Mr. Danish Iqbal distributed Certificates of Appreciation to the staff members. This was followed by lavish high tea, which was enjoyed by all head office staff. In conclusion he said, “I am grateful to each one of you for your dedication and hard work in achieving this milestone. Together, as one team we can propel forward and achieve greater heights. I would like to record my appreciation for the PMO services provided by Hashtag Consulting Solutions & implementation services provided by Abacus Consulting. Thank you everyone.”

Finance Minister Senator Ishaq Dar has appreciated the recent approval of countrys five energy projects by the World Banks Executive Board. In a statement, he said this approval was the manifestation of confidence of international organizations in the continued improvement in countrys economy owing to prudent fiscal policies of the government led by Prime Minister Nawaz Sharif.

The board of executive directors of the World Bank has approved five energy sector projects, which include Gul Ahmed wind power limited, Tenaga Generasi limited (wind power), Gulpur hydro project, Sindh Public Sector Reform project and acceleration of Tarbela IV extension project.

The Banks approval is in line with the governments 4Es  education, economy, energy and elimination of terrorism  policy, he said. Dar said the projects added a new chapter to the Pak-World Bank economic co-operation. He assured that these projects would be undertaken with due diligence and completed within the tenure of the present government.

This is the largest ever portfolio approved by the World Bank in one month. The energy projects are expected to add over 10,000 MW to the national energy grid.