Low gas pressure forcing industries to stop production at SITE

Winter season has issues for industrialists to operate industries properly. Due to load shading and Low gas pressure, industrial units are stopping their production.  Shortage of natural gas with persistent low pressure has an extensive impact on industrial units in Site industrial area. Industrialists are powerless to carry on manufacture in present grim situation i.e. no gas, […]

LDA in last phase of consultant selection for Lahore master plan 2050

A meeting of the Consultant Selection Committee which was chaired by Lahore Development Authority (LDA, Director General, Ahmed Aziz Tarar was informed that the last phase of the process for hiring a consultant for the preparation of a new master plan for Lahore has been completed. The meeting was further informed that three consortia, namely […]

Dawlance and Hitachi sign JV worth $300m

Arçelik A S (Dawlance) and Hitachi Global Life Solutions, Inc have signed a share purchase agreement to establish a new joint venture company. As part of this $300 million transaction, Hitachi GLS will establish a new company into which it will transfer its global home appliances business outside of Japan. Arçelik will acquire 60% ownership […]

Govt to auction 20 new oil and gas exploration blocks

Special Assistant to the Prime Minister (SAPM) on Petroleum Nadeem Babar said that in order to achieve self-sustainability in the energy sector Pakistan is constantly working on the exploration of oil and gas in the country. “Bids for the auction are expected to be held by mid-January to encourage exploration activities in the country,” he […]