Author: Admin

CLIMATECH 2025: Driving Climate Action through Technology and Collaboration

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CLIMATECH-2025

CLIMATECH 2025: Driving Climate Action through Technology and Collaboration January 17, 2025 Karachi, Pakistan – The NED University of Engineering and Technology hosted the 2nd International Conference on Technology-Driven Climate Action (CLIMATECH 2025) on January 16–17, 2025. Organized in collaboration with Dawlance and REON Energy, the two-day conference brought together global experts, policymakers, industry leaders, researchers, and students to address pressing climate challenges. The Chief Guest, Turkish Consul General Mr. Cemal Sangu, emphasized the importance of fostering collaborative efforts to combat climate change. Pro Vice-Chancellor of NED University, Prof. Dr.…

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Internet Slowdown Still Persists After Installation of World’s Largest Undersea Cable in Pakistan

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Undersea Cable in Pakistan

Internet users across various cities in Pakistan continue to face slow connectivity, particularly during peak hours since two weeks after a fault was detected in the submarine cable AAA-1 near Qatar. Social media apps and web browsing remain sluggish for some users, prompting concerns over service reliability. A spokesperson for Pakistan Telecommunication Company Limited (PTCL) said internet traffic has been diverted to an alternative route to mitigate disruptions. The spokesperson said extra bandwidth has been arranged to maintain normal internet operations. The spokesperson assured that internet services are functioning normally…

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Govt promises cheapest electricity in the region

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cheapest electricity

• Slashes EV charging tariffs by over Rs30 per unit to promote clean energy• Expects electric vehicles to help cut oil bill by $6bn• Leghari seeks financing for rickshaw, small car owners ISLAMABAD: Promising the region’s lowest electricity tariff in a few months, the government on Wednesday decided to reduce power supply rates to electric vehicle charging stations (EVCS) by almost 44 per cent to an all-inclusive Rs39.70 per unit from Rs71.10 at present. This measure aims to promote clean energy and reduce the $6 billion annual fuel import bill for small…

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Qatar hikes March al-Shaheen oil term price to over 2-year high

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oil term price

SINGAPORE: QatarEnergy has raised the term price for al-Shaheen crude oil loading in March, trade sources said on Thursday, setting it at a premium that has been the highest in more than two years. The term price has risen by $2.76 to $3.81 per barrel, from the premium of $1.05 per barrel set for February-loading cargoes, the sources said. The premium is at its highest level since prices were set in October 2022 for cargoes loading in December that year. Saipem wins $4bn contract from Qatar Energy The hike comes…

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Race to renewables: Attock Cement commissions 4.8MW windmill project

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windmill project

As Pakistan’s corporate sector increasingly turns to renewable energy to meet its power needs, Attock Cement became the latest entrant to join this trend, announcing the successful commissioning of a 4.8MW windmill project. The listed company shared the development in a notice to the Pakistan Stock Exchange (PSX) on Thursday. “We would like to convey the information that our windmill of 4.8MW capacity has been successfully commissioned and is now fully operational with effect from January 15, 2025. Following the announcement, the company’s share price surged to Rs228, an increase…

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