Day: March 9, 2024

Fuel supply on exclusive basis to 3 IPPs: CCP rejects PSO’s exemption extension request

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pso

ISLAMABAD: The Competition Commission of Pakistan (CCP) has rejected an application of Pakistan State Oil (PSO) meant for an extension in exemption on fuel supply on an exclusive basis to three independent power producers (IPPs), well-informed sources told Business Recorder. The CCP, in a letter to the PSO managing director, has cited reference to three applications filed by the PSO with the commission, seeking extension in the “exemption” pursuant to relevant provision of the Competition Act, 2010 on the Fuel Supply Agreements (FSAs) between the PSO and three IPPs; i.e., Pakgen…

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Engineer plans solar panel implant for human retina to retain eyesight

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Eye

Engineers plan solar panel implant for human retina to retain eyesight Researchers at the University of New South Wales (UNSW) in Australia are working on a new prototype device that can be implanted on the eye’s retina to restore sight. The device uses solar panels like those used to convert sunlight into electricity, a university press release said. While a prosthesis replaces a missing or non-functional part of the body, neuroprosthesis is a relatively new field where the prosthetic device interacts with the neural system to restore lost functionality. Cochlear…

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PSX Celebrates International Women’s Day with Gong Ceremony

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womens-day

The Pakistan Stock Exchange (PSX) joined hands with UN Women, International Finance Corporation (IFC), CFA Society Pakistan (CFASP), and Women On Board (WOB) to mark International Women’s Day 2024 with a gong ceremony. This year’s theme, ‘Invest in Women: Accelerate Progress,’ resonated with eminent women leaders and professionals across various sectors, who participated in the event. The celebration included bell-ringing, speeches by distinguished women leaders and male advocates of gender equality, as well as a seminar featuring insights from industry experts and representatives from the CFA Institute of Pakistan. PSX…

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