Month: March 2021

Packages Convertors Limited is now Powered by Zero Carbon

Admin

karachi: A contract signed between the two parties will enable Packages Convertors Limited to save over 2600 tonnes of carbon emissions by using a customized commercial solar installation by Zero Carbon. The 3.12MW project will be producing approximately 4.2 million units of electricity each year. The complex installation will comprise of a special structure to be installed on shell type roofs. This will also be the largest solar power plant installation in Lahore. Group Head of Supply Chain, Aftab Khan & Director and Head of Packaging, Asghar Abbas from Packages…

Read More

Uninterrupted gas for two Punjab plants ordered

Admin

ISLAMABAD: The government has ordered uninterrupted operations of two Punjab-based fertiliser plants — Agritech and Fatima Fertiliser — on domestic gas supply from Sui Northern Gas Pipelines Ltd (SNGPL) until November this year to ensure sufficient local fertiliser production. Also, the Petroleum Division and the SNGPL have been asked to charge late payment surcharge (LPS) on gas bills to these plants on an actual basis instead interest on LPS. The two decisions would involve about Rs3-4bn in the form of technical supplementary grants. A senior official at the Petroleum Division…

Read More

K-2 nuclear power plant connected to grid

Admin

ISLAMABAD: The Pakistan Atomic Energy Commission (PAEC) on Thursday announced that it had connected the much-awaited 1,100MW Karachi Nuclear Power Plant Unit-2 (K-2) to the national grid. In a statement, the PAEC termed it a ‘Pakistan Day’ gift to the nation. It said the nuclear power plant (NPP) had achieved criticality at the end of February and was undergoing certain safety tests and procedures before it could finally be connected to the national grid. The loading of nuclear fuel onto the plant was started on December 1, 2020 after getting…

Read More

Dawood for improving Pakistan’s economic security

Admin

Abdul Razak Dawood, Advisor to Prime Minister on Commerce and Investment, on Wednesday said that a strong economy will enhance country’s power and hence will strengthen national security.  He was addressing the Second Session of the Islamabad Security Dialogue. He said that history has shown that economic backwardness leads to social conflicts and political turmoil and thus weakens national security.  The Islamabad Security Dialogue is a two-day Conference organised by the National Security Division. It aims to define the country’s new strategic direction in line with the Prime Minister’s vision…

Read More

PSO launches procurement through SAP Ariba

Admin

KARACHI: The nation’s most progressive energy company, the Pakistan State Oil (PSO), has once again taken the lead by launching e-procurement through SAP Ariba. The new e-procurement solution will significantly enhance the company’s strategic and operational capabilities and provide a level playing field to a large pool of suppliers while also increasing efficiency and reducing turnaround time. This key milestone in PSO’s journey of digital transformation was marked by a ceremony held at the company’s head-office in Karachi where Managing Director & CEO, PSO, Syed Muhammad Taha, formally launched the…

Read More