billion

The Sahiwal power plant will generate more than 9 billion kilowatt hours of electricity annually – Trendy Blogger

by
The Sahiwal power plant will generate more than 9 billion kilowatt hours of electricity annually – Trendy Blogger

Islamabad: The Sahiwal Power Plant, equipped with 2 x 660 MW coal-fired supercritical steam generators operating at around 570°C, has the capacity to generate more than 9 billion kWh of electricity annually. Supercritical technology, which operates at higher temperatures and pressures compared to conventional coal-fired plants, increases efficiency, resulting in lower coal consumption and lower … Read more

Federal development spending slows to Rs 115 billion amid fiscal constraints – Trendy Blogger

by
Federal development spending slows to Rs 115 billion amid fiscal constraints – Trendy Blogger

The federal government’s development spending slowed to Rs115 billion in the first five months of the fiscal year due to fiscal constraints, far below the Rs376 billion allowed under the Public Sector Development Program (PSDP) for 2024-25. The Ministry of Planning authorized significant spending from July to November, but actual spending represented only 10% of … Read more

CDWP approves and forwards 15 development projects worth Rs422.704 billion – Trendy Blogger

by
CDWP approves and forwards 15 development projects worth Rs422.704 billion – Trendy Blogger

The Central Development Work Party (CDWP), headed by Planning, Development and Special Initiatives Minister Ahsan Iqbal, approved 15 development projects worth Rs422.704 billion during its meeting on Sunday. Of these projects, six projects worth Rs17.95 billion were directly approved, while nine projects worth a total of Rs404.754 billion were referred to the Executive Committee of … Read more

Musk received court approval to appeal the decision to pay Tesla $56 billion – Trendy Blogger

by
Musk received court approval to appeal the decision to pay Tesla billion – Trendy Blogger

A Delaware judge has allowed Elon Musk and Tesla to begin legal challenges to reinstate the CEO’s $56 billion pay package, the largest in the company’s history. Counsel Kathleen McCormick of the Delaware Court of Chancery issued an order Friday, opening a 30-day window to appeal to the Delaware Supreme Court. The appeal challenges McCormick’s … Read more

China is looking to set up a $1 billion medical city in the Dhabiji Special Economic Zone, the Sindh government confirms – Trendy Blogger

by
China is looking to set up a billion medical city in the Dhabiji Special Economic Zone, the Sindh government confirms – Trendy Blogger

KarachiA $1 billion medical city could become a reality at the Dhabiji Special Economic Zone (SEZ) in Thatta, Sindh, as a high-level Chinese trade delegation has expressed keen interest in the ambitious project, according to the Sindh government. The announcement came during a visit by a 12-member delegation of leading Chinese companies to the Dabeiji … Read more

Consumers raise concerns over KE write-off claims of Rs68 billion during NEPRA hearing – Trendy Blogger

by
Consumers raise concerns over KE write-off claims of Rs68 billion during NEPRA hearing – Trendy Blogger

Islamabad: The National Electric Power Regulatory Authority (NEPRA) on Tuesday concluded the public hearing on K-Electric’s (KE) application to write off Rs68 billion of non-recoverable dues accumulated over seven years, from FY17 to FY23. These claims, which were presented as crucial to KE’s financial sustainability, drew sharp criticism from consumers in Karachi, who expressed concerns … Read more

The government sells PIA’s precision engineering complex to the Pakistan Air Force for Rs 6.5 billion – Trendy Blogger

by
The government sells PIA’s precision engineering complex to the Pakistan Air Force for Rs 6.5 billion – Trendy Blogger

The government has decided to sell Precision Engineering Complex (PEC), a business unit of Pakistan International Airlines (PIA), to the Pakistan Air Force (PAF) for Rs 6.5 billion. The deal includes Rs 2.5 billion in cash and Rs 4 billion in employee-related liabilities. The Express Tribune Quoting government officials. A ministerial committee has already approved … Read more

The Punjab government gets Rs. 2.7 billion through real estate auctions – Trendy Blogger

by
The Punjab government gets Rs. 2.7 billion through real estate auctions – Trendy Blogger

Islamabad: The Punjab government has raised Rs. $2.7 billion by auctioning off 60 properties through a transparent bidding process across multiple regions, according to a report by *Dawn*. The estates, which were earlier managed by the Punjab Privatization Board, were transferred to the Colonial Department of the Board of Revenue (BoR) after the merger of … Read more

Musk has spent more than a quarter of a billion dollars to help elect Trump in 2024 – Trendy Blogger

by
Musk has spent more than a quarter of a billion dollars to help elect Trump in 2024 – Trendy Blogger

Elon Musk spent $259 million to support Donald Trump’s presidential campaign, making him one of the largest individual contributors in US election history. US Federal Election Commission (FEC) data revealed that Musk donated $239 million to America PAC, which he founded to mobilize voters for Trump. An additional $20 million went to RBG PAC in … Read more

Partner STZA and Tech7 for Rs. 15 billion private technology zone in islamabad – Trendy Blogger

by
Partner STZA and Tech7 for Rs. 15 billion private technology zone in islamabad – Trendy Blogger

The Special Technology Zones Authority (STZA) has entered into a landmark deal worth Rs. $15 billion zone development agreement with Tech7 (Private) Limited to establish a state-of-the-art Special Technology Zone (STZ) in Sector B-17 of Islamabad. The project is expected to act as a catalyst for Pakistan’s thriving digital economy and position the country as … Read more