Saudi Arabia to provide Rs37.4b for Mohmand Dam’s Construction

Saudi Arabia has decided to provide 901 million Saudi riyal, for the construction of Mohmand dam. The amount PKR is equal to 37.4 Billion. During a meeting the ambassador of Saudi Arabia in Pakistan Nawaf bin Saeed Al-Malkiy informed federal Minister for Economic Affairs Omar Ayub Khan that the kingdom has approved 901 million Saudi […]

K-Electric launches K-Solar

Karachi Electric (K-Electric) has decided to venture into green energy by launching a new initiative K-Solar. This was revealed by KE’s Chief Strategy Officer Naz Khan during a webinar.   According to CEO K-Electric Limited (KE) Moonis Abdullah Alvi, K-Electric had been making greater efforts to increase its share of renewables in its energy mix […]

KE, PLL and SSGC initiates GSA

After a strategic breakthrough, K-Electric and Pakistan LNG Limited (PLL) have stepped into an initial Gas Supply Agreement (GSA). This will provide the supply of 150mmcfd RLNG for K-Electric’s flagship 900MW power plant at Port Qasim (BQPS-III). The GSA will be implemented promptly after the approval of the Oil & Gas Regulatory Authority (Ogra). Once […]

FAGE stages protest rally in federal capital

Federal Association of Government Engineers (FAGE) organised a protest rally in Islamabad against non-provision of special engineering/technical allowance to engineers. The protest rally was attended by a huge number of Engineers serving in different departments of the federal government. The participants of the protest also asked for provision of opportunities to young engineers. The participants […]

Byco to add two more SPM’s and a subsea pipeline

Byco Petroleum Pakistan Limited has been successfully running its SPM facility for about nine years and now it comes up with more influential proposal. The proposal states to connect Single Point Mooring (SPM) with the white oil pipeline via Asia Petroleum Limited (APL) pipeline for berthing of oil ships. The proposed connectivity will ensure security […]

Huawei to technically transform Bank Islami

BankIslami has quickly become one of the leading and most technologically advanced financial institutions providing verified, Shariah-compliant products and services to its customers. To enable greater digital establishment in Pakistan, BankIslami has made a sizeable investment to upgrade its branch level connectivity infrastructure. After technical inspections, the Bank has decided to migrate its entire Wide […]