Pakistan third top recipient of Chinese finance: study

Chinese-finance

KARACHI: Pakistan is the third biggest recipient of Chinese development finance worldwide with a portfolio of $70.3 billion, according to a report released on Monday by AidData, a US-based international development research lab. Only two per cent of China’s portfolio in Pakistan between 2000 and 2021 consisted of grants while the rest was in the form of loans, says the AidData report that claims to have drawn its conclusions using data from more than 5,300 sources. The average interest rate on loans was 3.72pc with an average maturity period of 9.84 years…

Read More

LONGi sets a new world record of 33.9% for the efficiency of crystalline silicon-perovskite tandem solar cells

LONGi-sets

Xi’an, November 3, 2023-The world-leading solar technology company, LONGi Green Energy Technology Co., Ltd. (hereafter as “LONGi”), announced today that it has set a new world record of 33.9% for the efficiency of crystalline silicon-perovskite tandem solar cells. It is reported that the previous world record was 33.7% and conducted by King Abdullah University of Science & Technology (KAUST) in May this year. According to the latest certification report of the U.S. National Renewable Energy Laboratory (NREL), the crystalline silicon-perovskite tandem solar cells independently developed by the Chinese solar giant…

Read More

13th Fire Safety Convention and Awards-2023

Fire-Safety

‘ Sindh govt stands fully committed to beefing up firefighting systems in Karachi to protect lives and assets ’ The Caretaker Sindh government is fully committed to supporting the Karachi Metropolitan Corporation in strengthening firefighting systems in Karachi to save its numerous high-rise commercial and residential buildings from the fire emergency.Interim Sindh Local Government Minister, Muhammad Mubeen Jumani, expressed this commitment in his remarks as the chief guest at the 13th Annual Fire Safety and Security Convention and Awards-2023 organised by the National Forum for Environment and Health (NFEH).Caretaker Local…

Read More

CONSULTATIVE SESSION ON HUMAN RESOURCE AND PROFESSIONAL DEVELOPMENT IN THE MINING SECTOR OF PAKISTAN

OGDCL

Islamabad 02.11.2023. Oil & Gas Development Company Limited OGDCL and Ministry of Energy (Petroleum Division) organized a day-long Conference and Consultative Session on the present state of qualified and trained Human Resource in the Mining and Mineral Sector of Pakistan. CEOs of Public Sector Mining Companies including Sandak Metals, PMDC and Pakistan Minerals Ltd along with Chairpersons of Mining Departments of Public Sector Universities participated in the event. Senior Management of the Higher Education Commission and Director General (Minerals) were also present. The event was organized in view of renewed…

Read More

Denmark accelerating sustainable energy solutions in Pakistan

sustainable-solutions

Karachi, 2 November 2023: In a landmark initiative to accelerate Pakistan’s clean energy transition, the Embassy of Denmark, in close collaboration with the Danish Energy Agency, unveiled its flagship event, ‘GreenTech’. This event marked Denmark’s unwavering commitment to bolster Pakistan’s pursuit of a more environmentally friendly and sustainable energy landscape. GreenTech was not just another conference; it represented a pioneering endeavor that promised to redefine Pakistan’s approach to sustainable energy solutions. Pakistan, a nation striving to harmonize the imperatives of economic growth, energy security, and environmental preservation, found GreenTech a…

Read More