Egypt to build high speed electric rail line on Suez Canal
Egypt on has signed a contract worth $4.5 billion with a consortium led by Siemens for the construction of its first high-speed train line, connecting the Red Sea to the Mediterranean. The Egypt state television reported the signing of a document providing for “the development, implementation, supply and maintenance for 15 years of the first […]
HVDC Matiari-Lahore Transmission line becomes operational
The flagship power transmission project of Pakistan under China-Pakistan Economic Corridor (CPEC) has become operational according to the timeline of the agreement on 1st September 2021. In this regard, a ceremony was held at WAPDA House Lahore, attended by NTDC Managing Director Engr Azaz Ahmad and Ms Zhang Lei, President and CEO of PMLTC and […]
Three projects including Engineering University for Swat
Three utterly diverse projects has been tilled by KP Chief Minister that worth’s around billions of the dollar will pave ways for further success in KP. The projects include Swat University of Engineering and Applied Sciences, Paeds Hospital Swat and Rescue 1122 Station at Kabal. The project of Swat University of Engineering and Applied Sciences […]
Renewable energy share in Energy Sector
Engineering Post Report Presently, the share of renewable energy is only around 4 per cent, however, the potential and incentives to switch towards renewable resources is significant. Appropriate planning and implementation of a number of power generation projects have helped energy sector overcome the protracted demand supply challenge as 3556 MW was quite expectedly plugged […]
Public Private Partnership Authority role in Infrastructure Development
Engineering Post Report Role of recently established Public Private Partnership Authority (P3A) is pivotal in terms of enabling the government in pursuing the development agenda through private sector partnership. P3A’s support to the implementing agencies in developing Public Private Partnership (PPP) transactions is of utmost importance as PPP transactions, by default, are complex in nature, […]
Private Power and Infrastructure Board’s working
Engineering Post Report Private Power and Infrastructure Board (PPIB) acts as a one-widow facilitator/one-stop organization to promote, encourage, facilitate and safeguard investment in the power sector of the country. PPIB approves and facilitates the development and implementation of power projects and related infrastructure in private sector, public-private partnership and specified public sector projects. The performance […]
Initiatives under CPEC Framework
Engineering Post Report The second phase of great game changer China-Pakistan Economic Corridor (CPEC) has since been initiated with emphasis on industrialization and development of Special Economic Zones (SEZs) in different parts of the country, agriculture, modernization, science and technology cooperation and socio-economic development. The overall objective, according to the official sources, is to reap […]
Tarbela-5th expansion project Inaugurated
Prime Minister Imran Khan performed the ground-breaking of the Tarbela-5 (T5) expansion project which is aimed at protecting the Tarbela Dam against silting besides helping generate 1530 MW electricity and provide 1.34 billion units of power to the national grid annually. The construction of Tarbela-5 expansion project would help generate approximately 3,000 jobs and would […]
Consistent growth in IT & IT-enabled services
Engineering Post Report There has been a consistent growth in Information Technology (IT) & Information Technology (IT)-enabled services (ITeS) remittances over the last five years, with a compound annual growth rate (CAGR) of 18.85 per cent, the highest growth rate in comparison with all other industries and the highest in the region. Micro enterprises, independent […]
400MW Solar and Wind plants planned for Karachi Industries
The Sindh government with the collaboration of Industrialists of Karachi has decided to set up a wind and solar power project, which on completion will be able to generate 400 MW of electricity. This project will be specifically designed to provide electricity to the industries located in Karachi. Sindh Minister for Energy Imtiaz Ahmed Sheikh […]
A look at the Gas Sector
Engineering Post Report Pakistan’s crude oil’s local extraction reached to 68.9 million barrels in July 2020-March 2021 from 58.6 million barrels in corresponding period last year while share of import in July-March 2021 remained .2 million barrels as compared to 38.8 million barrels in same period last year. Similarly in July-March 2021, consumption of petroleum […]
A cursory look at Trade and Industry with regard to remittances
Engineering Post Report Amidst the uncertain and precarious global economic environment, where the global economy was lurching under the impact of the unprecedented COVID-19 shock, Pakistan ‘s external sector appeared as a key buffer for resilience during financial year 2020-21.. The comfortable external balance position of Pakistan was duly supported by surplus current account balance […]