Author: Admin

KARACHI: The Thar Foundation recently marked a significant milestone with the inauguration of the Village Electrification Project (VEP), set to illuminate households in Thar Coal Block II through the installation of solar systems. As part of the initiative, a total of 1,035 households are poised to benefit, painting a promising picture of progress and development for the region’s villages. The project was inaugurated by Sindh Engro Coal Mining Company CEO Amir Iqbal in a ceremony held at Thar Coal Block II, while Azhar Malik (Director site SECMC), Farhan Ansari (GM…

Akhtar says plan prepared to tackle issues, enable PSX to raise green financing KARACHI: Pakistan faces a monumental task in its battle against climate change, requiring a massive investment of $340 billion over the next seven years to confront the escalating threats of rising temperatures and sea levels. The nation’s fate, as well as its exports to the world, hangs in the balance. As the government gears up for the forthcoming COP meeting, it is confronted with the slow fulfilment of financial commitments made by multilateral and bilateral donors, worth…

KARACHI: Oil marketing companies recorded volumetric sales of 1.26 million tonnes in October, up 19 per cent from a month ago but down 24pc on an annual basis. According to a note by Topline Research on the latest industry data, the monthly jump in volumetric sales is due to the low base of the preceding month. In addition, higher prices and the fact that consumers waited in anticipation of a decline in prices to fill up their fuel tanks were also contributing factors. The average petrol price in October came down to…