Huge investments announced to increase the power transmission capacity
The federal Minister of energy of Pakistan, Hammad Azhar, made a public statement and declared that a total of 111 billion rupees is to be put forward as an investment in the power transmission system. He stated that the total capacity of the Pakistan power transmission system is not more than 23000 MW right now. […]
BARD to offer scholarships for needy students at NUST
A new student empowering channel named as Descon Endowment Fund being funded by Bilquis and Abdul Razak Dawood (BARD) Foundation has been recently introduced at National University of Sciences & Technology (NUST). As Educational empowerment is one of the few opportunities that student struggle to get in Pakistan, the BARD Foundation aims to bring a […]
CPEC Projects bringing prosperity
As CPEC has entered in the third phase, a seminar was organized with the collaboration of National Assembly Secretariat, Punjab Board of Investment, Planning and Development Board and Friedrish Ebert Stiftung Pakistan. The magnificant cermony was joined by the by Acting Council General China, provincial ministers, members of parliament and investors from both countries. Chairman […]
Phase-III of Coal Mine Expansion Project
The phase-III of Coal Mine expansion project in Thar at an estimated cost of Rs 15.8 billion to excavate 12.2 metric ton coal per annum has been approved by Sindh Chief Minister. It is estimated that the third phase will reduce coal price to $27 per ton, making it the cheapest base load fuel in […]
Gas reservoirs found in Kohlu district, Balochistan
Major natural gas reservoirs, discovered by the Oil and Gas Development Company Limited, during the drilling in Kohlu district balochistan. Being the chief operator of Jandhran West exploration license with 100 percent interest, the company shared the notification with the Pakistan stock exchange and stated that the discovery was made over Mughalkot formation from its […]
China to cooperate with Pakistan over green development
China is anticipating to sign a contract of three years with Pakistan regarding investment cooperation for green development in the country. The MoU will be written down by the ministry of commerce China which is currently fulfilling a lot of developmental responsibilities in China. This MoU would be written keeping in sights, the developmental needs […]