ADB’s loan for modernizing power distribution infrastructure
Report by Engineering Post Asian Development Bank has approved a loan of $ 200 million to modernize the power distribution infrastructure in energy-crisis stricken country Pakistan. The ADB sponsored Power Distribution Strengthening Project aims to upgrade and modernize distribution to meet the country’s rapidly growing electricity demand. According to the information available from ADB sources, […]
NESPAK acquires 156 projects worth Rs 23 billion in one year
Report by Engineering Post National Engineering Services Pakistan (NESPAK) , headquartered in Lahore, has set an all time record by securing as many as 156 new engineering projects at a cost of Rs 23 billion during financial year 2023-24. These projects are domestic as well as international NESPAK has secured 16 projects in the overseas […]
Pakistan and China bracing for launching new corridors under CPEC’s second phase
Report by Engineering Post Great game changer Pakistan-China Economic Corridors has quite successfully completed its first phase and now the two countries were bracing up for launching its second phase during which some new corridors were likely to be launched with greater focus on growth innovation, sustainability, livelihoods , and regional connectivity. CPEC’s first phase […]
Motorbikes, three-wheelers sale increased by 25.87% during first five months of 2024-25
Report by Engineering Post Sales of motorcycles and three-wheelers in the country registered an appreciable increase of 25.87 percent during the first five months July to November of the current financial year as compared to the corresponding period of the last financial year. During the period under report here, as per figures available from the […]
Rs 9.5 trillion irregularities committed over 3 years by Power Distribution and Generation Companies
Report by Engineering Post A report by the Auditor General of Pakistan has revealed that financial irregularities to the extent of Rs 9.55 trillion have been committed in three years by almost all ten Power Distribution and Supply Companies. While pinpointing these huge financial irregularities, the audit report has also called for appropriate action against […]
Finalization of new electric vehicle policy delayed
Report by Engineering Post Finalization of the country’s second electric vehicle (EV) policy has been delayed by the Engineering Development Board of the Federal Government as this was not launched by November 30, 2024 as per announcement in this regard. There has been no further announcement as to when the new EV Policy is going […]
Power Sector of Pakistan
Report by Engineering Post Public investment to the tune of Rs 253660 million has been made to the Power Sector under the Public Sector Development Programme (PSDP)of the Federal Government for ongoing financial year 2024-25 including the government budgeted , self-finance projects of this important sector corporations excluding the Independent Power Producers (IPPs) whose agreements […]
Role of Large-Scale Manufacturing Sector in Pakistan’s economy
Report Engineering Post Historically, Pakistan’s manufacturing sector has played a crucial role in the country’s economic growth. It has contributed significantly to exports, accounting for about 71 percent, and has employed 14.9 percent of the labor force. As such, this obviously underscores the potential for its and further growth and development in the sector, thus […]
Punjab signs multiple MoUs with China to uplift infrastructure
Chief Minister Punjab Maryam Nawaz recently visited China where it has been reported that projects worth around Rs. 13 Billion were pledged by Chinese companies During the visit, Chief Minister Maryam Nawaz oversaw the signing of several significant Memorandums of Understanding (MoUs) aimed at fostering innovation and sustainable development in Punjab. One key agreement was […]
Construction of 1200MW Chashma Nuclear Power Plant Unit 5 Initiated
The Pakistan Atomic Energy Commission (PAEC) has achieved a significant milestone with the commencement of construction of the Chashma Nuclear Power Plant Unit 5 (C-5). This will add 1,200 MW of clean and economical electricity to the national grid. This addition increases Pakistan’s nuclear energy capacity to 4,760 MW, underscoring the critical role of nuclear […]
Transport and Communication Infrastructure of Pakistan
Report by Engineering Post Transport infrastructure was a precursor to the sustainable economic growth in Pakistan. Transport infrastructure was indispensable for fostering the economic growth, promoting regional integration, enhancing accessibility and connectivity, supporting urban development, facilitating tourism and recreation, optimizing logistics and supply chains, driving rural development, and enhancing resilience to emergencies. Investing in transport […]