The Executive Committee reviews the progress of various projects in SIFC’s key sectors – Trendy Blogger

The Executive Committee reviews the progress of various projects in SIFC’s key sectors

 – Trendy Blogger

Islamabad: The Private Investment Facilitation Council (SIFC) held its twelfth meeting of its Executive Committee to review the progress made on various aspects and projects in key sectors of the Council. The Committee also gave directions to accelerate various outstanding cross-sectoral issues through policy-level initiatives and stakeholder consultation, using the SIFC Forum. The meeting was … Read more

Khyber Pakhtunkhwa government warns contractors against delays in hydropower projects – Trendy Blogger

Khyber Pakhtunkhwa government warns contractors against delays in hydropower projects

 – Trendy Blogger

The Khyber Pakhtunkhwa government has expressed dissatisfaction with the slow progress of the 300 MW Balakot Hydropower Project in Mansehra and the 69 MW Lawi Hydropower Project in Chitral. A notice will be issued to contractors for both projects warning them to speed up construction or face further action. In a special meeting chaired by … Read more

Power tariff is expected to be cut by Rs 10 per unit as the government approves revised deals with 14 independent power projects. – Trendy Blogger

Power tariff is expected to be cut by Rs 10 per unit as the government approves revised deals with 14 independent power projects.

 – Trendy Blogger

The federal cabinet, headed by Prime Minister Shehbaz Sharif, has approved revised agreements with 14 independent power producers, a move that is expected to bring down electricity prices by Rs 10-11 per unit. The renegotiated contracts are set to save 802 billion rupees by reducing profits and costs of independent power projects, while deducting an … Read more

Communal unrest continues amid obstruction of religious projects and escalation of tensions by miscreants in Agam Kot trendy blogger

Communal unrest continues amid obstruction of religious projects and escalation of tensions by miscreants in Agam Kot

 trendy blogger

Hyderabad: A group of 4-5 known rioters, who were actively opposing the construction project of Bibi Maham (SA) shrine in Agam Kot by the Sindh Waqf Department for several years, forcefully stopped the construction work of the shrine. The department office is in an open parking space in Agam Kot on Thursday. They staged a … Read more

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

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

The National Assembly informed that 43 projects worth US$24,703 have been completed under the China-Pakistan Economic Corridor. – Trendy Blogger

The National Assembly informed that 43 projects worth US,703 have been completed under the China-Pakistan Economic Corridor. 

 – Trendy Blogger

The Ministry of Planning, Development and Special Initiatives informed the National Assembly that 43 projects worth $24.703 billion have been completed under the China-Pakistan Economic Corridor (CPEC), while eight projects worth $759.56 million are currently being implemented. In response to a question from Tahira Aurangzeb during the Question Hour, officials from the Planning Ministry highlighted … Read more

The Cabinet approves settlement agreements with eight independent energy projects that rely on sugarcane to reduce electricity costs – Trendy Blogger

Power tariff is expected to be cut by Rs 10 per unit as the government approves revised deals with 14 independent power projects.

 – Trendy Blogger

Islamabad: The Federal Cabinet, led by Prime Minister Shehbaz Sharif, on Tuesday approved settlement agreements with eight sugarcane-based independent power producers (IPPs). This decision, which was taken based on the recommendations of the Ministry of Energy and the Department of Energy, is expected to lead to a significant reduction in electricity tariffs. The approved IPPs … Read more

Chinese companies are looking to set up a lithium battery plant in Punjab and waste-to-energy projects – Trendy Blogger

Chinese companies are looking to set up a lithium battery plant in Punjab and waste-to-energy projects

 – Trendy Blogger

A leading Chinese lithium battery manufacturer has expressed interest in establishing an assembly and manufacturing plant in Punjab. The announcement came during a meeting between a Chinese delegation led by Eenovance CEO Shi Yukun and Punjab Industries Minister Chaudhry Shafie Hussain. Shi Yukun has requested eight acres of land at Quaid-e-Azam Business Park in Sheikhupura … Read more

rupee. A $600 million budget has been approved for Ignite to boost IT projects – Trendy Blogger

rupee. A 0 million budget has been approved for Ignite to boost IT projects

 – Trendy Blogger

Islamabad: Minister of State for ICT Shatha Fatima Khawaja chaired the 45th R&D Fund Policy Committee meeting on Monday where Rs. A budget of $599.29 million has been approved for Ignite for the second quarter of fiscal year 2024-2025. The meeting was attended by IT Secretary Zarar Hashim Khan, ICT Department Special Secretary Azfar Mansoor … Read more

Pakistan receives a $500 million loan from the Asian Development Bank for climate resilience projects – Trendy Blogger

Pakistan receives a 0 million loan from the Asian Development Bank for climate resilience projects

 – Trendy Blogger

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) on Tuesday signed a $500 million loan agreement for the Climate and Disaster Resilience Enhancement Program (CDREP) to strengthen the country’s resilience in the face of disasters caused by natural hazards and the impacts of environmental crises. The program aims to strengthen Pakistan’s institutional capacity for planning, … Read more