Chinese manufacturers mull relocating units to Pakistan: Khalid Mansoor

China-Pakistan Economic Corridor (CPEC) tsar Khalid Mansoor said on Thursday Chinese businesses have shown willingness to relocate their production facilities to Pakistan if the ongoing trade war between China and the United States escalates further. Speaking at a conference of business leaders, the special assistant to the prime minister on CPEC affairs said two to three investors have approached him…

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NTDC completes 133 km 2nd Phase of 500 kV Neelum Jhelum Transmission Line

Transmission line will evacuate Power from 969 MW Neelum Jhehlum HPP and 720 MW Karot HPPNTDC Headquarter, WAPDA House Lahore (14 Jan 2022) National Transmission and Despatch Company Limited (NTDC) has successfully completed and energized the 133 km long 2nd phase of 500 kV Neelum Jhehlum Double Circuit Transmission line and energized it successfully. Now the power generated through 969…

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Sungrow Wins PV Magazine Award 2021 in the Inverter Category for its SG350HX

 Sungrow, the global leading inverter solution supplier for renewables, announced that it won the prestigious PV Magazine Award 2021 for its flagship 1500V SG350HX PV inverter. As the only inverter company has given the honor this year, Sungrow stands out as a prominent industry leader innovating towards carbon neutrality. With PV Magazine being one of the most read industry platforms in Europe, this…

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Cnergyico to become Pakistan’s Largest Private-Sector Fuel Retailer after acquiring Puma Energy

petrol

Cnergyico Pk Limited (formerly Byco Petroleum Pakistan Limited), one of Pakistan’s leading petroleum companies and largest refinery is set to acquire majority stake in Puma Energy Pakistan Private Limited (‘Puma’). Cnergyico having one of the largest refining capacity in the country, after this acquisition would have the second largest retail fuel network based on the current number shared by OMCs…

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Saudi mining investment set to jump 150% in a decade as foreign joint ventures grow

With an estimated potential value of $1.3 trillion, Saudi Arabia’s mining sector is set for significant foreign direct investment over the next decade, Arab News reported on Wednesday. A total of 48 minerals have so far been identified in the Kingdom. Gold, copper and phosphate are currently mined in large quantities, while other deposits include zinc, nickel and rare earth…

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