Largest investment in an IPP in Pakistan | Kohala Power project finalized at $2.4 billion
A tripartite agreement has been finalised for the implementation of 1,124-megawatt Kohala hydroelectric power project in AJK under the China-Pakistan Economic Corridor (CPEC) framework. The agreement is between China Three Gorges Corporation, the government of Azad Jammu and Kashmir (AJK) and Private Power and Infrastructure Board (PPIB). Expected Commercial Operation Date (COD) of the Koala […]
Pakistan’s mobile manufacturing policy ratified by Federal Cabinet
After deliberate consideration Pakistan’s mobile phone manufacturing policy prepared by the Engineering Development Board (EDB) has finally been approved by the Federal Cabinet. The policy aims to incentivise local assemblers who will provide jobs to local engineers, skilled and semi-skilled educated youth. Pakistan is well poised to capitalize the competitive human resource advantage to attract […]
All three units of Mohmand dam to be functional by 2025
Water and Power Development Authority Chairman Lt-Gen Muzzammil Hussain (retired) has informed the supreme court that work on the construction of Diamer bhasha and Mohmand is proceeding in a very fast pace. According to the estimate diamer Bhasha dam would be complete by mid of 2028. Muzzammil, who is also head of Implementation Committee of […]
Physical work on ML-1 to start from January 2021
ML-1 Upradation project is expected to be initiated in 2021 once the project gets approval from Executive Committee of the National Economic Council (ECNEC). The ML-1 upgradation project has been divided onto three packages and would be completed in phases. Final completion of the project is estimated by December 2029 Package-I is proposed to be […]
Engro foundation to donate 459,000 PPEs
Engro Foundation the social investment arm of Engro Corporation has launched an initiative to donate 459,000 units of personal protective equipment (PPE) worth Rs 100 million for frontline healthcare practitioners. For this initiative, Engro is closely collaborating with the National Disaster Management Authority (NDMA) and provincial governments to identify short medical supplies, most-impacted areas and […]