Engineering Post Report The federal government has decided in principle to transfer all power distribution companies, DISCOs, to the provinces instead of their privatization in order to reduce burden on the national exchequer. In this regard, the federal government is involved in the process of consultations at the appropriate level in order to enlist their

Engineering Post Report Current calendar year 2023 marks the Decade of great game changer China-Pakistan Economic Corridor (CPEC). To mark the strong partnership  between the great neighboring countries China and Pakistan which are getting stronger and more stronger with passage of every day, both Pakistan and China  are going to celebrate  10 years of  the Belt and

Engineering Post Report The Pakistani youth  have been hit the hardest by massive unemployment in the backdrop of recent devastating floods, deadliest heavy rains, ongoing  foreign exchange crisis and rising inflation. About 64 percent of the country’s population  is under the age of 30. There is a noticeable  youth bulge , which if  not

Engineering Post Report Power Division of the Federal Government is likely to complete as many  as 20 ongoing minor development projects during outgoing financial year 2022-23 under the Public Sector Development  Programme (PSDP) . These projects required small funds allocations for their completion and this was done accordingly by allocating required funds so

Engineering Post Report The generation mix of energy in the country was  currently dominated  by fossil fuels, including oil, RLNG (Regasified Liquid Natural Gas), Gas, Local and Imported Coal with a gross share of  66 per cent subsequently  adding expensive electricity to the generation mix. THe induction of power generation capacity  under “Take or

Engineering Post Report Irrespective of the sorts of  serious challenges facing the national economy, it is quite encouraging to note that more and more new companies are being launched in different sectors in the country every month. According to  the latest information available from the Securities and Exchange Commission of Pakistan (SECP), as many as

Engineering Post Report  The Oil and Gas Development Company (OGDC) was in the process of engaging a Chinese company HBP  for completion of its Uch-1 gas field compressors project. The Oil and Gas Development Company (OGDC) was in the process of engaging a Chinese company HBP  for completion of its Uch-1 gas field compressors project. The

Engineering Post Report The National Energy Efficiency and Conservation Authority (NEECA) has developed a novel way of urging the people at large to conserve energy resources in the country.. NEECA has preferred to send messages to the people through their mobiles instead of adopting other means of reaching and convincing the energy

Pakistan’s public debt soared to Rs 54.353 trillion at the end of February 2023 showing an increase of as much as 27.1 percent from a year earlier.  According to the data of the State Bank of Pakistan, high financing requirements, rupee devaluation and rising interest rates have contributed to the increase of the public debt. However, the