Islamabad, May 31, 2023: Nutshell Conferences Group and Martin Dow Group, in strategic partnership with Overseas Investors Chamber of Commerce and Industry, and Unity Foods Limited, hosted Day 1 of the 6th Edition of LEADERS IN ISLAMABAD BUSINESS SUMMIT, with the theme “The BIG Rethink.” The sub-themes on Day 1 varied from the need for the Big Re-Think, to Leadership in the Age of Disruption, to Disrupting the Future. The day comprised nine individual addresses, three panel discussions, and one conversation Addressing the Inaugural Session, Prof. Ahsan Iqbal, Federal Minister…
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Chinese IPP serves notice of payment default on CPPA
KARACHI: Port Qasim Electric Power Company Ltd (PQEPC), which runs a $1.9 billion power plant of 1,320 megawatts on imported coal, has served a formal notice of payment default on the Central Power Purchasing Agency (CPPA). The total verified due amount that the state-backed, sole electricity purchaser owes the independent power producer (IPP) amounted to Rs77.3bn or $263.5 million as of May 15, according to PQEPC CEO Guo Guangling. Owned by China’s Sinohydro Resources Ltd and Qatar’s Al Mirqab Capital Ltd, the IPP was part of the early-harvest phase of…
Read MoreTrinaTracker Signs 510MW Solar Tracker Deal for Uzbekistan Solar Projects
TrinaTracker, a leading smart solar tracker solution provider under Trina Solar Co., Ltd. (SHA: 688599), recently signed an agreement with Dongfang Electric International Corporation (“DEC International”) to provide 510MW solar trackers for solar projects in Uzbekistan. The contract signing ceremony was held on the first day of the 16th International Photovoltaic Power Generation and Smart Energy Conference & Exhibition (SNEC PV Power Expo) held in Shanghai from May 24-26, 2023. According to the contract, TrinaTracker will supply Vanguard 1P solar trackers to the Jizzakh and Samarkand solar power plants in…
Read MoreKPC’s ‘Solar Park’ inaugurated: Electricity to be provided to KPC housing societies: minister
KARACHI: Sindh Energy Minister Imtiaz Ahmed Sheikh has said that the provision of solar system to Karachi Press Club is a gift of Sindh government. Electricity will also be provided for housing societies of Karachi Press Club under the Village Electric Plan. It is our commitment to ensure affordable electricity to consumers. The provincial government is going to solarize government buildings, as well as, prisons. He expressed these views while addressing the inauguration ceremony of Solar Park at the Karachi Press Club (KPC) KPC President Saeed Sarbazi, Secretary Shoaib Ahmed…
Read MoreRussian oil will not provide at cheaper rate for consumersMusadik Malik
Minister of State for Petroleum, Musadik Malik, stated that the importing Russian oil would not lead to a decrease in fuel prices across the country, and we can not provide fuel at cheaper rate right now
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