Karachi, October 01, 2019: K-Electric has signed US$ 50 million loan agreements with Standard Chartered which is supported by GuarantCo to undertake upgradation of power infrastructure including the installation of theft-resistant Aerial Bundled Cable (ABC) as well as smart grid solutions. The financing documents were signed at KE head office by Moonis Alvi, CEO and Rizwan…
New Always Free services enable developers and students to learn, build and get hands-on experience with Oracle Cloud for unlimited time. Karachi, September 17, 2019: Oracle has announced Oracle Cloud Free Tier, including new Always Free services for anyone to try the world’s first self-driving database and Oracle Cloud Infrastructure for an unlimited time. Now, organizations large…
Islamabad, September 4, 2019: The Prime Minister house on Wednesday clarified the case of Waiver of Gas Infrastructure Development Cess (GIDC). The total amount stuck in the GIDC litigations from January 2012 till December 2018 is about Rs 417 billion. In the first round of litigations, the Supreme Court lease to annual the GIDC statute….
Karachi, September 3, 2019: K-Electric continues operation to remove kundas and illegal streetlights which were encroaching on electric infrastructure throughout the city. During the operation the power utility successfully removed more than 600 illegal hooks from Gulshan, Malir. 130 illegal streetlights along with wires and switches being used for various lighting purpose were also removed from…
Karachi, August 19, 2019: President Korangi Association of Trade & Industry (KATI) Danish Khan, Senior Vice President Faraz-ur-Rehman and Vice President Maheen Salman has urged the Federal and Provincial government to invest heavily in the infrastructure of Karachi. In a joint statement office-bearer of the association expressed their concern over the aftermath of recent rainfall…