Karachi, March 2, 2024: In a significant development, the National Electric Power Regulatory Authority (NEPRA) has granted approval for two of the three Requests for Proposals (RFPs) submitted by K-Electric (KE) for the addition of renewable energy to its power generation fleet.These approvals are a milestone in KE’s strategic plan to integrate renewable energy into its operations; thereby, contributing to…
Read More
Pakistan Engineering Council – PEC conducted 1st Ever MEGA ENGINEERING CAPSTONE EXPO (FYDP- Final Year Engineering Design Project Exhibition) in KHUZDAR on 2nd March’2024 “Balochistan University of Engineering and Technology” (BUET), Khuzdar Balochistan and 2nd CAPSTONE in Balochistan Regional (1st was conducted at BUITEMS Quetta in 2023). CAPSTONE EXPO is a project of PEC Pakistan Development committee – PPDC which…
Read More
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that SAARC activities comprising of SAARC Bazaar and Women’s Business Conference are planned in Lahore from 7th to 9th March, 2024; under the patronage of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and in collaboration with the SAARC Chamber Women Entrepreneurs Council (SCWEC).Atif Ikram Sheikh added that SAARC…
Read More
Islamabad: The 16th Annual Corporate Social Responsibility (CSR) Summit and Awards-2024 is set to take place at a prestigious hotel in Islamabad on March 6th, with Federal Minister for Religious Affairs & Interfaith Harmony, Aniq Ahmed, gracing the event as the chief guest. Organized by the National Forum for Environment and Health (NFEH), the summit serves as a pivotal platform…
Read More
COLOMBO: Sri Lanka has awarded the construction of three solar and wind hybrid power generation facilities to an Indian company, following the cancellation of a tender previously won by a Chinese firm. Concerned about increasing Chinese influence in the island nation, which lies near crucial global shipping lanes and is considered within India’s sphere of influence, New Delhi had raised…
Read More
ISLAMABAD: The interim government announced on Friday an adjustment of Rs4.25 per litre in the premium on petrol and 26 paisa on high-speed diesel (HSD), considering exchange rates and dealers’ margins in petroleum product prices, effective from March 1, 2024. Following a fortnightly review on Thursday, the government increased the price of petrol by Rs4.13 per litre, while maintaining the…
Read More
ISLAMABAD: The Finance Division has granted permission to the Power Division to withdraw Rs4 billion from the Pakistan Energy Revolving Account (PERA) for the exclusive payment to Independent Power Producers (IPPs) under the China Pakistan Economic Corridor (CPEC) for January 2024, according to reliable sources. On February 7, 2024, the Power Division sent an Office Memorandum (OM) to the Finance…
Read More
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has granted approval for modifications in the generation license of the Water and Power Development Authority (WAPDA), primarily concerning adjustments in auxiliary consumption across various hydel power plants and the incorporation of the 1,530 MW Tarbela 5th Extension project. Initially issued on November 3, 2004, WAPDA’s generation license has undergone several modifications,…
Read More
KARACHI: K-Electric (KE) reaffirms its dedication to achieving 30 percent renewable energy by 2030, as outlined in its publicly available plans. The company emphasized its commitment to these targets, which are formulated based on thorough assessments of ground dynamics, available resources, and anticipated demand growth. KE responded to the white paper shared by Renewables First, expressing an inability to provide…
Read More
ISLAMABAD, March 1, 2024: The Oil and Gas Development Company Limited (OGDCL) has taken a significant stride towards sustainability by announcing its Environmental, Social, and Governance (ESG) policy. In response to the growing demand from investors and stakeholders for transparency and accountability in ESG factors, OGDCL’s Board of Directors released its comprehensive ESG policy statement on February 27, 2024.The OGDCL…
Read More
