Category: Shortcode

Ceasing operations in Pakistan: Engro Corporation rejects ‘false’ assertion

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624387-engro-1383074199

Engro Corporation Limited, one of Pakistan’s largest conglomerates, on Monday rejected ‘false information’ suggesting that the company is considering closing its operations in the country. “In response to recent false information circulating on social media regarding Engro ceasing its operations in Pakistan, we wish to clarify that the same lacks any factual basis, is unfounded and we outrightly reject the assertion,” said Engro in a statement issued on social media platform X, formerly known as Twitter. The company said it remains steadfast in its endeavours to ensure prosperity for Pakistan…

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NEPRA report exposes overbilling scandal

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KE’S- 7-YEAR- INVESTMENT-ROADMAP

Discos, KE fleeced consumers, says power regulator ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has exposed the “controversial power theft drive” of the power distribution companies (Discos), defrauding millions of consumers of billions of rupees through excessive billing by engaging in malpractices. In an inquiry report released on Monday, the power regulator regretted that the distribution companies were intentionally engaging in such malpractices to conceal their inefficiencies, causing thousands of consumers to suffer from higher electricity bills. These companies issued electricity bills with invalid snapshots and manipulated billing cycles…

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GLOBAL100RE Declaration 

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Renewable-Energy

For Effective Climate Crisis Mitigation: The World Needs 100% Renewable Energy As Soon As PossibleBuilt from Bottom-Up During the United Nations Climate Ambition Summit, climate leaders emphasised that the climate crisis results primarily from the world’s addiction to fossil fuels. While the impacts of the climate crisis intensify all over the world, disproportionately affecting those that have contributed the least, it is now extremely urgent to fully and equitably transition away from a fossil fuel-based economy that is harmful to the people and nature, towards a 100% clean renewable-based energy system…

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Ogra striving to regulate growing LPG market

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lpg-gas

KARACHI: The demand for liquefied petroleum gas (LPG) will surge to 15,000 tonnes a day in coming years from the current 4,500-5,000 tonnes as this is the only sector which has shown robust growth. Oil and Gas Regulatory Authority (Ogra) Chairman Masroor Khan said that two to three years back, LPG demand was 2,500 tonnes per day. Addressing a press conference along with LPG stakeholders and leadership of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) at the Federation House on Monday, he said all the fuels in…

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Pakistani school wins $100,000 Zayed Prize for Sustainability at UAE’s COP28 conference

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Pakistani-school

DUBAI: A Pakistani school won the prestigious Zayed Sustainability Prize of $100,000 after being declared the best Global School in South Asia for its innovative project on water conservation and organic farming at the UN climate conference in Dubai on Friday.The school is operated by the Kashmir Orphan Relief Trust (KORT) and was competing for the prize against two other finalists from India and Bangladesh.Two young representatives of the trust were present at the gathering at the Expo City in Dubai where United Arab Emirates President Sheikh Mohamed bin Zayed…

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