JS & Co to take over Quaid-e-Azam Solar Power
In relation to acquisition of 100 percent stake of Quaid-e-Azam Solar Power (Private) Limited, a 100MW solar power project which was installed in District Bahawalpur by the Government of Punjab as a privatization transaction, Jahangir Siddiqui and Company Limited has been pre-qualified by the Punjab Privatization Board, Government of Punjab. This will be subject to […]
37th Annual General Meeting of IEEEP Pakistan Shamsul Mulk appreciates energy policy
The government has undertaken steps to mitigate the ongoing energy crisis completing many power generation projects on fast-track. The Power Policy of 2013 promulgated by the present government is the first ever effort and lays down the foundation for today’s healthy power sector. These views were shared by ex-Chairman Wapda Shamsul Mulk, while addressing 37th […]
Hyundai Nishat Motors starts manufacturing
M/s Hyundai Nishat Motor (Pvt) Ltd, a unit of Nishat Mills, established in Faisalabad opened their plant in Pakistan. It is the first auto sector plant in Pakistan which is being set up as a joint venture which will manufacture one ton vehicles in the country and the project is expected to get tax concessions […]
Gwadar Port to open in January 2018
Federal Minister for Ports and Shipping Mir Hasil Khan Bizenjo said that Gwadar Port will be formally operational and open to the world by end of next month and there will be first international expo at Gwadar on January 29-30 to project the potential of Gwadar mainly of Special Economic Zones. Gwadar Port is a […]
Solar technology GIZ to establish center of excellence
Gesellschaft für Internationale Zusammenarbeit (GIZ) has shown the interest for establishing Centre of Excellence in Punjab for the provision of training of solar technology, Chairman Technical Education and Vocational Training Authority (TEVTA) Irfan Qaiser Sheikh has revealed this. Irfan Qaiser Shiekh, while addressing a meeting at Tevta secretariat said that the Centre of Excellence will […]
70,000 tons of LNG First vessel arrives at PGPC terminal
The first LNG vessel carrying 70,000 tons of liquefied natural gas berthed alongside the FSRU at the Pakistan GasPort Consortium Limited (PGPC) LNG Terminal at Port Qasim, Karachi. According to details, LNG has been supplied by global commodity trader Gunvor from Nigeria. The name of the vessel is Golar Kevin. The commissioning tests will immediately […]
Engro Elengy and SSGC signs LSA
Engro Elengy Terminal Private Limited (EETPL) signed an LNG Supply Agreement (LSA) with Sui Southern Gas Company (SSGC) for provision of additional 200mmsfcd gas. The agreement was signed by Jehangir Piracha – CEO EETPL and Amin Rajput – acting MD SSGC in presence of Minister of State for Petroleum – Jam Kamal Khan amongst other […]
Descon celebrates 40 years mark
Descon arranged a gracious full day event at its headquarters the other day marking its 40 years with its chairman Abdul Razak Dawood in the chair. Speaking on this occasion remembering the past, he said “We are what we are today, because we did what we did yesterday”. Descon is a leader in Pakistani multinationals […]
1320MW Coal-fired power project First unit Inaugurated
Prime Minister, Shahid Khaqab Abbasi inaugurated the first unit of 1320MW coal-fired power project at Port Qasim. The first unit will produce 660MW of electricity. 1320MW coal-fired power project worth $2 billion was initiated under the China Pakistan Economic Corridor (CPEC). While addressing the inaugural ceremony, PM said that the first unit of the project […]
Pakistanis investors invited to for Chabahar port projects
Iranian Ambassador Mehdi Honardoost invited Pakistanis to invest in Chabahar port projects saying that Pakistan is part of their heart. He was talking to the media during his visit to press club Karachi. Inviting the Pakistani investors, the Iranian envoy said that there are big and small projects, which can be exploited by the local […]
Cement industry touches 94% production capacity
Capacity utilization of the cement industry of Pakistan touched 94.65 percent during the first five months of the financial year 2017-18 while the industry dispatched 2.261 million tons more cement in the first five months of this fiscal, which is 13.91 percent higher than the cement dispatched during the corresponding period of last fiscal. Although, […]
Buckman, Engro enters digital strategic alliance
Buckman has entered into a strategic alliance with Engro Corporation, through its digital business arm Engro Digital, to deliver process and reliability optimization to utilities and industries. The partnership will focus on developing apps on Predix, GE’s application development platform for the Industrial Internet that was purpose-built to meet the scale, complexity, speed, and security […]