Daewoo Express Pakistan has signed an MoU with the Chinese company Skywell Automobiles and Swiss company Hitachi ABB Power Grids in historical development. The signing ceremony was graced by the governor of Punjab, Chaudhary Sarwar, and envoys from South Korea, Switzerland, and Japan. According to a press release, the signatory companies will be collaborating to introduce electric buses among other electric vehicles while also working to develop charging infrastructure for the electric vehicles in Pakistan. The project will be executed in two phases, including the provision of state-of-the-art electric buses…
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Daewoo, Skywell & Hitachi ABB Partner To Introduce Electric Buses
Pakistan’s Daewoo Express Pakistan, China’s Skywell Automobiles And Sweden’s Hitachi ABB Power Grids Signed A Memorandum Of Understanding (Mou) on Thursday to revolutionize Pakistan’s transport sector. Under the MoU, these three companies will be setting up a value chain for electric vehicles and charging infrastructure in Pakistan. While Daewoo and Skywell will join hands to introduce electric buses and other electric vehicles in Pakistan, Hitachi ABB will develop a technical support base and charging infrastructure in the country. In Phase I, Skywell will offer its state-of-the-art electric buses to Pakistan’s…
Read MoreThe Cost of Pakistan’s Dam Obsession
In August 2018, seated behind a large desk and looking straight into the camera for his inaugural address, Prime Minister Imran Khan declared that building dams was the only way to tackle Pakistan’s existential water problems. Fast forward a few years and the Water and Power Development Authority (WAPDA) has started construction on two major hydroelectric projects: Mohmand in Khyber Pakhtunkhwa and Diamer-Bhasha in Gilgit-Balististan. The latter, a 272-meter behemoth, is billed as the highest roller compacted dam in the world. With a storage capacity of 8.1 million-acre-feet, it’s also…
Read MoreShanghai Electric’s Ongoing Corporate Social Responsibility Efforts Receive Award from All-Pakistan Chinese Enterprises’ Association
SHANGHAI, March 4, 2021 /PRNewswire/ — Shanghai Electric (the “Company”) (SEHK: 02727, SSE: 601727), the world’s leading manufacturer and supplier of electric power generation equipment, industrial equipment and integration services, has received the Annual Corporate Social Responsibility Award from the Karachi branch of the All-Pakistan Chinese Enterprises’ Association (APCEA). The award recognizes the Company’s contribution to the social development of the region in 2020, and its active commitment to CSR. “We are truly honored to receive this recognition from the APCEA. Shanghai Electric will continue to promote the development of the China-Pakistan Economic Corridor…
Read MoreQatar embarks on LNG sales campaign after approving expansion
Executives from the top exporter of liquefied natural gas are jetting around the globe in a whirlwind bid to strike competitive deals with the fastest growing customers. They need to. Qatar, the world’s largest producer of the fuel, last month approved a $29 billion plan to boost capacity at its LNG export facility by 64 percent this decade, and is now urgently seeking to lock-in contracts and undercut rival developers from the U.S. to Australia. That’s why Qatar Petroleum executives were last week in Pakistan to sign a supply deal and pose for photos…
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