Category: Highlights

Engro and Dawood Hercules Corporation Agree on Restructuring Plan

Admin

In a significant development, Engro Corporation Ltd (Engro Corp) and Dawood Hercules Corporation Ltd (DH Corp) have given initial approval to a restructuring plan aimed at optimizing investment opportunities within the enterprise. The proposal, subject to final board and shareholder approvals, has been formally communicated to the PSX on Monday. This strategic restructuring aims to synergize investment efforts between Engro Corp and DH Corp, promising enhanced avenues for investment within the enterprise.

Read More

Government of Pakistan Ministry of Energy Petroleum Division

Admin
petroleum

[ ISLAMABAD : May 06,2024 ] Press Release Federal Minister for Petroleum Dr Musadik Malik and Federal Minister for Power Awais Leghari held a meeting with Mr Martin Raiser, South Asia Regional Vice president of World Bank. Both sides exchanged their ideas regarding reforms agenda and discussed in detail the support World Bank is providing to Pakistan in form of technical assistance. Dr Musadik Malik expressed his profiund gratitude for World Bank’s consistent support for reforms in energy sector. Technical assistance from World Bank goes long way and help us…

Read More

Huawei FusionSolar Leads Innovation at 2nd Solar Show in Multan

Admin
Huawei-Fusion

Multan witnessed a groundbreaking display of solar energy innovation at the 2nd Solar Show, where Huawei Fusion Solar emerged as a frontrunner in the industry. Collaborating with partners Bahum and Diwan, Huawei FusionSolar showcased a range of cutting-edge inverters that not only captured the attention of attendees but also set new standards in functionality and efficiency. The exhibition featured a diverse array of Huawei FusionSolar’s latest products, highlighting their technological prowess and commitment to sustainable energy solutions. Attendees were particularly impressed by the inverters’ advanced features, including smart monitoring systems,…

Read More

Huawei Pakistan Digital Week 2024: Unleashing Innovation in Energy and Infrastructure

Admin
Huawei-Pakistan

Islamabad recently hosted Huawei Pakistan Digital Week 2024, a vibrant event that brought together innovation and industry expertise. The showcase highlighted Huawei’s latest advancements in digital solutions, with a focus on energy and infrastructure. Attendees were treated to immersive presentations, live demonstrations, and insightful discussions on the latest trends and technologies. The event spotlighted Huawei’s cutting-edge Smart PV & BESS and Data center products, including the groundbreaking Huawei SUN2000-150KTL-MG0 Smart string inverter, designed for commercial and industrial settings. The guest of honor, Mr. Shah Jahan Mirza, Managing Director of Private…

Read More

Deal signed under 20-year BOOT model: Burj, PCL to develop and finance first wind power project

Admin
Wind-Solar

KARACHI: Burj Solar and Power Cement Limited (PCL) have signed an agreement to develop and finance the country’s first distributed generation wind power project of 9.6 megawatts (MW). Under the 20-year Build-Own-Operate-Transfer (BOOT) model, Burj Solar will install two 4.8 MW wind turbines at PCL’s premises, with Orient Energy serving as the contractor. This project builds on the successful partnership between the two companies, following Burj’s previous 7 MW solar power plant for PCL commissioned in 2022 under the same BOOT structure. The distributed wind project holds immense commercial viability,…

Read More