Category: Highlights

Dr. Gohar Ejaz appointed as Head FPCCI-PERG Think Tank

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Gohar-Ejaz

Karachi: Atif Ikram Sheikh, President FPCCI, has constituted a high-profile think tank of the apex body – comprising the nation’s top economic minds, governance specialists, industrialists, entrepreneurs, investors and exporters. The body will be called FPCCI’s Think Tank on Pakistan’s Economic Revival & Growth (FPCCI-PERG); and, will be chaired by Dr. Gohar Ejaz, former caretaker federal minister for finance, revenue and investments. Atif Ikram Sheikh maintained that the entire business, industry and trade community of Pakistan is united for the economic revival of Pakistan; and, being the apex body, FPCCI…

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Gulf Nations Eye Purchase of Pakistan’s National Carrier, PIA

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PIA-Airlines

Saudi Arabia, the United Arab Emirates, and Qatar have emerged as prospective purchasers for Pakistan International Airlines (PIA), displaying keen interest in acquiring the country’s flagship carrier. This development unfolds against the backdrop of the Pakistani government’s push to privatize PIA as part of its efforts to tackle financial challenges. Government officials have reportedly engaged in discussions with top-level representatives from these Gulf nations, providing them with comprehensive briefings on the potential acquisition. Insider sources disclose an escalation in communication between authorities from the Gulf region and the Pakistani government…

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Work on Suki Kinari power project to be completed in Nov

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Bhasha-Dam

MANSEHRA: Work on the Suki Kinari hydropower project is in full swing and will be completed in November this year, said an official on Thursday. “After Tuesday’s suicide attack on Chinese engineers in Shangla, our workers, including foreigners, continued to perform their duties,” assistant director of the project Syed Abdul Rehman told reporters. He said the 884-megawatt Suki Kinari project was being executed on the Kunhar River in Kaghan Valley under the multibillion-dollar China-Pakistan Economic Corridor initiative. Mr Rehman said it would be the first reservoir in the province to…

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Chinese companies suspend work on Dasu, Diamer-Bhasha dams

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Dasu-Dam

Five Chinese engineers working on the Dasu Dam perished when an explosive-laden vehicle hit their bus PESHAWAR: Chinese companies suspend work on Dasu, Diamer-Bhasha dams 991 Chinese engineers working on both projects have stopped operations. Local staff of both projects have been directed to stay home till further orders. However, the Chinese engineers are still working on the Mohmand Dam in Khyber Pakhtunkhwa. Five Chinese engineers working on the Dasu Dam perished when an explosive-laden vehicle hit the bus they were travelling in on the Karakoram Highway in the Bisham…

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PPIB Develops New Arrangements for Thatta Cat-III Wind Projects

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wind_energy

The Private Power & Infrastructure Board (PPIB) has introduced new arrangements for Category-III wind projects in Thatta, aiming to facilitate the purchase of 300 MW of electricity by K-Electric (KE) through its transmission network, according to sources familiar with NEPRA’s information. The Managing Director of PPIB, Shah Jahan Mirza, communicated these developments in a letter to NEPRA’s Chairman, Waseem Mukhtar. The new arrangements stem from a decision by the Cabinet Committee on Energy (CCoE) in February 2019, subsequently endorsed by the Council of Common Interests (CCI) under the Alternate Renewable…

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