AIRLINK 150.25 Increased By ▲ 13.66 (10%)
BOP 10.12 Increased By ▲ 1.00 (10.96%)
CNERGY 7.42 Increased By ▲ 1.00 (15.58%)
CPHL 71.13 Increased By ▲ 6.47 (10.01%)
FCCL 45.71 Increased By ▲ 4.16 (10.01%)
FFL 14.34 Increased By ▲ 1.30 (9.97%)
FLYNG 37.15 Increased By ▲ 3.38 (10.01%)
HUBC 138.35 Increased By ▲ 12.58 (10%)
HUMNL 12.40 Increased By ▲ 1.00 (8.77%)
KEL 4.56 Increased By ▲ 0.55 (13.72%)
KOSM 4.99 Increased By ▲ 1.00 (25.06%)
MLCF 69.65 Increased By ▲ 6.33 (10%)
OGDC 203.01 Increased By ▲ 18.46 (10%)
PACE 5.38 Increased By ▲ 0.96 (21.72%)
PAEL 44.24 Increased By ▲ 4.02 (10%)
PIAHCLA 13.45 Increased By ▲ 1.22 (9.98%)
PIBTL 8.62 Increased By ▲ 1.00 (13.12%)
POWER 14.96 Increased By ▲ 1.09 (7.86%)
PPL 152.75 Increased By ▲ 13.89 (10%)
PRL 27.02 Increased By ▲ 2.46 (10.02%)
PTC 19.29 Increased By ▲ 1.75 (9.98%)
SEARL 75.06 Increased By ▲ 6.82 (9.99%)
SSGC 30.46 Increased By ▲ 2.77 (10%)
SYM 13.95 Increased By ▲ 1.27 (10.02%)
TELE 6.93 Increased By ▲ 0.99 (16.67%)
TPLP 8.00 Increased By ▲ 1.00 (14.29%)
TRG 61.90 Increased By ▲ 5.63 (10.01%)
WAVESAPP 8.94 Increased By ▲ 1.00 (12.59%)
WTL 1.31 Increased By ▲ 0.15 (12.93%)
YOUW 3.75 Increased By ▲ 0.54 (16.82%)
BR100 12,402 Increased By 1161.5 (10.33%)
BR30 35,560 Increased By 3425.8 (10.66%)
KSE100 117,298 Increased By 10123.1 (9.45%)
KSE30 35,839 Increased By 3190.7 (9.77%)

LAHORE: Pakistan Petroleum Limited (PPL), a leading E&P company since the early 1950s and one of the largest corporate donors in the country, has funded the establishment of ‘Center of Excellence for Research, Development & Training (CERDT)’ at University of Engineering and Technology (UET), Lahore.

UET, Lahore, is one of the prestigious engineering universities in the country and was established in 1921. It has played a leading role in education, research and training of professionals over the years.

MD and CEO PPL Imran Abbasi presented the cheque for the first tranche of Rs. 21 million for the establishment of CERDT to Vice Chancellor, UET Lahore, Professor Dr. Syed Mansoor Sarwar at a simple ceremony held on April 26 at UET, Lahore. Abbasi also laid the Foundation stone and was briefed on the Project at site. Officials from both organizations were present on the occasion.

As such, PPL has committed an overall grant of Rs 51.1 million over the next three years which covers construction and completion of CERDT building along with procurement of furniture, equipment and simulation tools.

Speaking on the occasion Abbasi highlighted that as a major stakeholder in fulfilling the country’s energy requirements, PPL remains committed to investing in human resource development and use of latest technology for the Exploration & Production sector through academia-industry partnership under its Corporate Social Responsibility programme.

Copyright Business Recorder, 2023

Comments

Comments are closed.