Category: Highlights

ISLAMABAD: The Finance Division has allowed Power Division to draw Rs4 billion from Pakistan Energy Revolving Account (PERA) for onward exclusive payment to Independent Power Producers (IPPs) established under China Pakistan Economic Corridor (CPEC) for the month of January 2024, well informed sources told Business Recorder. Power Division, sources said, sent an Office Memorandum (OM) to Finance Division on February 7, 2024, seeking permission to draw amount from PERA in accordance with the decision of Economic Coordination Committee (ECC) of the Cabinet on October 31, 2022. Finance Division also asked Power…

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A team of 7 students from LUMS represented Pakistan at this global competition and emerged victorious. The team was lead by Rohail Hasan and included Sabeen Hamood, Hubaib Shehryar, Laiba Abid, Mahnoor Gul, Shanzay Hashim and Malik Danyal Khan. They received the Best Small Delegation trophy, successfully defending its title of Best Delegation two years in a row. The United States Military Academy emerged runners up. The Harvard National Model United Nations is one of the oldest and most prestigious model UN conferences in the world. Ranked number 1, it…

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Karachi, March 2, 2024: In a significant development, the National Electric Power Regulatory Authority (NEPRA) has granted approval for two of the three Requests for Proposals (RFPs) submitted by K-Electric (KE) for the addition of renewable energy to its power generation fleet.These approvals are a milestone in KE’s strategic plan to integrate renewable energy into its operations; thereby, contributing to a cleaner and more sustainable energy future. Under the approved RFPs, solar projects would be installed within KE’s territory, aligning closely with the power utility’s commitment to diversify its generation…

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Pakistan Engineering Council – PEC conducted 1st Ever MEGA ENGINEERING CAPSTONE EXPO (FYDP- Final Year Engineering Design Project Exhibition) in KHUZDAR on 2nd March’2024 “Balochistan University of Engineering and Technology” (BUET), Khuzdar Balochistan and 2nd CAPSTONE in Balochistan Regional (1st was conducted at BUITEMS Quetta in 2023). CAPSTONE EXPO is a project of PEC Pakistan Development committee – PPDC which is the 6th EXPO in continuation at National level (2 held at Federal Capital Islamabad Region; 2 held at Lahore, Punjab region and 2 in Balochistan). In this Expo 4…

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SAARC Events Planned in Lahore to Unleash Regional CollaborationAtif Ikram Sheikh March 2, 2024 Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that SAARC activities comprising of SAARC Bazaar and Women’s Business Conference are planned in Lahore from 7th to 9th March, 2024; under the patronage of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and in collaboration with the SAARC Chamber Women Entrepreneurs Council (SCWEC).Atif Ikram Sheikh added that SAARC Bazaar; which is scheduled to be held in Lahore Expo Center; is dedicated to empower South…

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