09302016Fri
Last update: Fri, 30 Sep 2016 04am

Industries & Sectors

Pakistan - Industries & Sectors

KE installs 150 KVA PMT KARACHI: K-Electric, under its Social Investment Programme (SIP), has partnered with Kashif Iqbal Thalassemia Care Centre (KITCC) for the installation of a dedicated 150 KVA PMT.A spokesperson said Thursday that the newly installed PMT will help meet the growing electricity demand of KITCC and improve its operations.The utility provided relief for the installation of this dedicated PMT, in addition to providing free electricity to KITCC since 2015. KITCC has been providing treatment to over 23,000 Thalassemia patients and educating over 65,000 people about the disease annually, since its establishment in 1996.According to KE spokesperson this initiative is a yet another testament of KE's commitment to support humanitarian organizations - enabling them to continue their efforts for under-privileged communities they serve.As a socially responsible organization, K-Electric has always been at the forefront for providing generous and valuable support to different organizations working for social welfare.KE reaches around 3.5 million lives annually ...

Pakistan - Industries & Sectors

84 oil, gas discoveries made in three years ISLAMABAD: Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi said Thursday that 84 oil and gas discoveries were made in the country during the last three years.Replying to a question during the Question Hour in the Senate the minister said estimated reserves of 50 discoveries had been evaluated with 23 million barrels of recoverable oil and 1409 Billion Cubic Feet of recoverable gas, adding that reserves of 32 discoveries were being appraised,. To another ...

Pakistan - Industries & Sectors

Danish govt facilitates Pakistan in energy production, load management ISLAMABAD: Ambassador of Denmark in Pakistan Ole Thonke Thursday said that by engaging private sector, the Danish government was facilitating support to Pakistan not only for energy production but also for policy reforms, safety enhancements and load and grid management.Addressing a seminar held by the Danish embassy to highlight potential solutions for the energy sector in Pakistan, the ambassador said Danish and Pakistani companies could forge partnerships in variety of sectors to benefit from each ...

Pakistan - Industries & Sectors

Pakistani startup on cow monitoring collar wins big Who says that agricultural industry offers little scope for innovation and technology; a Pakistani startup Cowlar has won $10,000 for its smart collar device for cows.The company won the top prize at the second edition of the Pakistan Start-Up Cup, held in Islamabad. The startup has invented a smart collar for cows that uses motion sensitive technology, providing information like when a cow is in heat. The device also helps farmers in achieving optimisation of ...

Pakistan - Industries & Sectors

Chinese engineering company launches its service in Pakistan LAHORE: China National Electric Engineering Co. (CNEEC) on Thursday launched its services in Pakistan through a simple but impressive ceremony held at a local hotel.Chinese Consul General Lahore Mr Yu Boren was the chief guest while Zhang Chun, chairman from China National Electric Engineering Co Ltd, Asad Rehman Gilani, Secretary Punjab Development Company Ltd, Badrul Munir Murtaza, WAPDA Member (Power), Wu Guisheng, chairman CNEEC Pakistan and Engr Rehman Maqbool, GM Planning WAPDA, also spoke on ...

Pakistan - Industries & Sectors

Technology Upgradation Fund Scheme formulated to facilitate textile sector ISLAMABAD: The government has formulated a Technology Up-gradation Fund (TUF) Scheme to facilitate textile sector.Currently, the scheme is under process in State Bank of Pakistan, sources at Textile Industry Division said on Tuesday.Highlighting the measures introduced to facilitate the said sector, the sources said facility of duty free import of textile machinery will continue during 2016-17.The government had allocated Rs. 6 billion for Textile Policy initiatives for 2016-17 while support schemes would also continue during ...

Pakistan - Industries & Sectors

Govt to launch 5G cellular network soon for fastest connectivity ISLAMABAD: Minister for Planning, Development and Reforms Ahsan Iqbal has said the government is planning to launch 5th generation cellular services soon to ensure the fastest connectivity.The people who already have access to 3G and 4G technology, would be able to benefit from the next advanced mobile network technology after the launch of 5G in near future, he added.The minister was addressing 'Pakistan StartUP Cup' competition for young entrepreneurs jointly organized by the United States ...