Saif Powertec Limited is going to establish another revenue generating unit name -Oil and Gas Operation-, where total Approximate Project Cost, Annual Revenue and Net Profit will be BDT 4,730 million, BDT 5,160 million and BDT 860 million respectively. The company will invest 55% of total equity of 88 INNOVATIONS ENGINEERING LTD that is BDT 110 million as initial investments for its subsidiary company. Total Approximate project cost, annual revenue and Net profit will be BDT 750 million, BDT 1,000 million and BDT 240 million respectively. The company has informed that the Board of Directors has decided to invest in 88 INNOVATIONS ENGINEERING LTD., where 88 INNOVATIONS ENGINEERING LTD., will carry on business of all types of information technology and telecommunication projects, information technology enabled services (ITeS), facilities, services or works etc.