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Day: November 28, 2024

5 Billion Initial Investment Announced for Air Karachi to launch new airlineAtif Ikram Sheikh, President FPCCI

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FPCCI-Project

Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that, in a transformational initiative for Pakistan’s aviation industry and its skies, top businessmen have formed a strategic alliance to launch the much needed, world-classes airline for Pakistan – which is named Air Karachi as its Head Office will be based in Karachi. The mega-venture is a joint effort by prominent…

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Dr. Irfan Afzal Mirza Re-Elected as WWEA PresidentWWEA General Assembly Elects New Board to Strengthen Global Wind Energy Advocacy

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New-Project

Bonn, November 28, 2024 (WWEA) – The World Wind Energy Association (WWEA) General Assembly has announced the election of its new board for a two-year term. Dr. Irfan Afzal Mirza, who assumed the presidency from Hon. Peter Rae a year ago, has been unanimously re-elected as President. The assembly also elected the following Vice Presidents, reflecting a truly global representation:…

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WAPDA Chairman Emphasizes Timely Completion of K-IV Project

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WAPDA-Chairman

Engr. Lt Gen Sajjad Ghani (Retd), Chairman of WAPDA, reviewed the construction progress of the Greater Karachi Bulk Water Supply Scheme (K-IV) during a site visit. Key components inspected included intake works, pumping stations, and pressurized pipelines. Highlighting the K-IV Project’s vital role in addressing Karachi’s escalating water demand, the Chairman stressed the urgency of expediting construction and meeting project…

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Onyx Solar Introduces Walkable Solar Tiles for Urban Spaces

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Onyx-Solar

Spanish BIPV manufacturer Onyx Solar has launched innovative walkable solar floor tiles, designed for rooftops, patios, sidewalks, and other urban applications. These glass-glass modules have a nominal capacity of 75 W and are crafted for both functionality and durability. The tiles, weighing 23 kg each and measuring 75 x 75 cm, can be customized up to 4m x 2m. Made…

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KMC Becomes Pakistan’s First Municipal Council to Transition to Solar Energy

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New-KMC

KARACHI: Mayor Barrister Murtaza Wahab inaugurated the solar energy conversion of the Karachi Metropolitan Corporation (KMC) building, making KMC Pakistan’s first municipal council to adopt solar power. The transition is expected to save millions of rupees annually while generating surplus electricity to be sold to K-Electric through net metering. The 150kW solar system, now operational at the KMC building, integrates…

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Asia Poised to Gain from Canadian and Mexican Oil Amid Potential US Tariffs

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Oil-Price

SINGAPORE: Canadian and Mexican oil producers may turn to Asia as a key market if US President-elect Donald Trump follows through on a proposed 25% tariff on crude imports from these countries. This move could force producers to cut prices and redirect supplies, analysts and traders suggest. Sources familiar with the plan indicate that crude oil would not be exempt…

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Experts Call for Comprehensive Overhaul of Port Safety Ecosystem

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Karachi-Port

KARACHI: Ports and shipping experts have raised alarms over the inadequate safety and security systems at Pakistan’s ports, highlighting the urgent need to address maritime safety, environmental protection, law enforcement, and national defence. Their concerns were amplified following a fire at Pakistan International Bulk Terminal Limited (PIBTL) at Port Qasim, caused by the discharge of combustible Tanzanian-origin coal. While the…

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Sindh Opposes Private Gas Sale Framework: Warns of Rs243 Billion Consumer Burden

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Gas-Project

ISLAMABAD: The Sindh government has firmly opposed a proposed framework allowing gas exploration companies to sell 35% of local gas to private parties, cautioning that this could impose an additional Rs243 billion burden on residential consumers over the next five years. During the Executive Committee of the National Economic Council (ECNEC) meeting, chaired by Deputy Prime Minister Ishaq Dar, Sindh…

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