Business
Agha Steel to install 2.25 Megawatt Solar Power Project
Karachi, February 07, 2021: Agha Steel Industries has signed a contract with Renewable Power Pvt. Ltd. for installing a 2.25 Megawatt solar power project at its production facility located at Port Qasim Karachi. Meezan Bank Ltd is the banking partner for this transaction. This would be among one of the largest solar power projects installed…
OGDCL tops in award of 11 new exploration blocks
Islamabad, February 04, 2021: Oil and Gas Development Company Limited (OGDCL) maintained its position as the market leader in upstream petroleum sector by securing maximum acreage nationwide for drilling new wells. Director General of Petroleum Concession (PC) has communicated provisional award of new exploration blocks to OGDCL. The energy giant shall be working as an…
OGDCL Discovered Gas/Condensate at Sial-1 Well in Sindh Province
Karachi, February 04, 2021: Oil & Gas Development Company Limited (OGDCL) as Operator (95 percent) and Government Holdings (Pvt.) Limited (5 percent) has discovered Gas & Condensate from its Exploratory Well Sail-1, which is located in District Hyderabad, Sindh Province. The structure of Sial-I was drilled and tested using OGDCL’s in house expertise. The well…
KSE100 index close at decrease 28 points
Karachi, February 04, 2021: Despite a positive opening, the KSE100 index closed flat at 46,906 (down 28 points) after a choppy trading session. 440 million shares were traded during the day with highest contribution coming from PRL (1.0 percent), TRG (-3.7 percent), KEL (-2.4 percent), PIBTL (-2.6 percent), HASCOL (-0.4 percent) and HUMNL (-4.0 percent)….
Project PAVE wins third global award for successful sustainable initiative
Karachi, February 04, 2021: Project PAVE, a shared value initiative of Engro Fertilizers and Engro Foundation, has been declared a winner of the “Rushlight Sustainable Agriculture, Forestry & Biodiversity Award” held in UK. This is the third global recognition for Project PAVE (Partnerships and Value Expansion for Inclusive Seed Systems in Pakistan) as it has already…